A 3D printer exclusively for producing dental molar crowns, complete with all the contouring and...

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Accounting

A 3D printer exclusively for producing dental molar crowns, complete with all the contouring and evaluation apparatus for matching the removed molar, is purchased for $45,000. It will be depreciated over 8 years and have a salvage value of $9,000.
Using a table and the formulas, determine the depreciation and book value at the end of each year using declining balance depreciation with a percentage that will ensure the book value equals the salvage value at the end of the final year.

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