Calculate the depreciation value during the first year using the Declining Balance method of a CCTV system worth $20000 with no salvage value using 200% declining balance which depreciates over 5 years. a. $10000 O b. $12000 Oc. $6000 d. $8000

Calculate the depreciation value during the first year using the Declining Balance method of a CCTV system worth $20000 with no salvage value using 200% declining balance which depreciates over 5 years. a. $10000 O b. $12000 Oc. $6000 d. $8000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Calculate the depreciation value during the first year using the Declining Balance method of a CCTV
system worth $20000 with no salvage value using 200% declining balance which depreciates over 5
years.
a. $10000
O b. $12000
O c. $6000
d.
$8000

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