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A second hand bulldozer acquired at the beginning of the fiscal year at a cost of $68,000 has an estimated salvage value of $9,500 and an estimated useful life of 12 years. What is the amount of annual depreciation in year 11 using DDB depreciation when the book value cannot fall below the salvage value? (It was suggested to build a table with Dn and BVn)

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91968845

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