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Calculate book value and tax depreciation for standby and portable generators.
Asset Class: Backup generators for office use typically fall under the 5-year property class.
Industrial Use: Generators used in manufacturing or specific production lines may have a longer life (e.g., 9-12 years).
Method: Accelerated methods like Double Declining balance are standard for power equipment.
Enter the equipment costs to generate a complete depreciation and resale value summary.