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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
12.15Â Â Â Youngblood Shipbuilding Yard just purchased
$800,000 in capital equipment for ship repairing functions on dry-docked ships. Estimated salvage is $150,000 for any year after 5 years of use. Com- pare the depreciation and book value for year 3 for each of the following depreciation methods:
a.  GDS MACRS with a recovery period of 10 years.
b.  Double declining balance with a recovery pe- riod of 15 years.
c.  ADS straight line as an alternative to MACRS, with a recovery period of 15 years and the half year convention enforced.
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