An electronic data storage firm can purchase a bank of servers for $500,000. After five years...

An electronic data storage firm can purchase a bank of servers for $500,000. After five years of use, the servers are expected to have a salvage value of $20,000. What will the servers depreciation value in year 5 be (rounded to the nearest dollar), assuming:

(a) They are classified as computer hardware, which is classified as CCA Asset Class 50?

(b) Straight line depreciation?

(d) 150% declining-balance depreciation?

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ekkarill92 answered 1 year ago

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