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A high precision programmable router for shaping furniture components is purchased by Henredon for $165000....

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Accounting

A high precision programmable router for shaping furniture components is purchased by Henredon for $165000. It is expected to last 12 years and have a salvage value of $5,000. Calculate the depreciation deduction and the book value for each year. Use declining balance depreciation using a rate that ensures the book value equals the salvage value

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