Your company just purchased 3 forklifts for their warehouse
operations for a total of $95,000. They want to depreciate this
personal property over a period of 10 years. Use the Double
Declining Balance (DDB) method to determine the book value at the
end of 5 years.

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Question: Your company just purchased 3 forklifts for their warehouse operations for a total of $95,000. Th…
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Calculations based on factors (1-d)t with 5 decimals
places.

$56,097

$31,130

$10,201

$22,544

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