Air handling equipment that costs $12,000 has a life of 7 years with a $2000 salvage value.
(a) Calculate the straight line depreciation charge for each year.
(b) Write the spreadsheet function to determine the annual depreciation.
(c) Determine the book value after 3 years.
(d ) Determine the rate of depreciation.
(e) Use a spreadsheet to plot the accumulated depreciation and book value for each year.
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