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Mr. Dubey • 100.69K Points
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Q. An asset with a first cost of $100,000 is depreciated over 5-year period. It is expected to have a $10,000 salvage value at the end of 5 years.
Using the straight-line method, what is the book value at the end of
year 2?

  • (A) 82000
  • (B) 90000
  • (C) 64000
  • (D) 60000
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