Equipment for immersion cooling of electronic components has an installed value of $182,000 with an...

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Accounting

Equipment for immersion cooling of electronic components has an installed value of $182,000 with an estimated trade-in value of $40,000 after 15 years. For years 2 and 10, use DDB book depre- ciation to determine (solving by hand)

(a) the depreciation charge

(b) the book value.

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