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Major medical complexes and their service providers continue to move toward advanced health informatics -...

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Accounting

Major medical complexes and their service providers continue to move toward advanced health informatics - acquiring, managing,
and using information to provide better healthcare. A new analyzer for researching and evaluating patient samples, and making
informed recommendations in the treatment of complex blood cancers, is purchased for $290,000. It is estimated to have a useful life
of 6 years and to be sold at the end of that time for $11,000.
Part a
Develop a table showing the depreciation and book value for each year using both the Excel ? DDB worksheet function and the
Excel SLN worksheet function such that the depreciation switches from double declining balance to straight-line at the optimum
time.
Carry all interim calculations to 5 decimal places and then round your final answers to 2 decimal places. The tolerance is +-2.00.
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