A radiologist plans to retire in the next two to five years. He buys a new $20,000 X-ray machine that is expected to last ten years. His accountant recommends a depreciation method that reduces the value by 30% each year ($20,000 to $14,000 to $9,800 to $6,860, etc.). Why would this be recommended instead of a simple $2,000 per year depreciation?

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The Answer of A radiologist plans to retire in the next two to five years. He buys a new $20,000 X-ray machine that is expected to last ten years. His accountant recommends a depreciation method that reduces the value by 30% each year ($20,000 to $14,000 to $9,800 to $6,860, etc.). Why would this be recommended instead of a simple $2,000 per year depreciation?

A Radiologist Plans to Retire in the Next Two to Five