Your company just purchased 4 forklifts for their warehouse, Business Economics

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Your company just purchased 4 forklifts for their warehouse

Your company just purchased 4 forklifts for their warehouse operations for a total of $115,000. They want to depreciate this personal property over a period of 8 years. Use the Double Declining Balance (DB) method to determine the book value at the end of 5 years.

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Business Economics: Your company just purchased 4 forklifts for their warehouse

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Business Economics: Your company just purchased 4 forklifts for their warehouse

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