A certain equipment has a value of 50000$, a service life of 20 years and salvage value of 4000$. Make the necessary depreciation calculations for 5 years using the declining balance method. Show in a...

A certain equipment has a value of 50000$, a service life of 20 years and salvage value of 4000$. Make the necessary depreciation calculations for 5 years using the declining balance method. Show in a table the value of depreciation each year, the accumulated depreciation and the book value for 5 years