A capital equipment costing $110000 today and has a $10000

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A capital equipment costing $110000 today and has a $10000

 

A capital equipment costing $110,000 today and has a $10,000 salvage value at the end of 5 years. If straight-line depreciation is used, what is the book value of the equipment at the end of three years?

Please write out your answer, stating the formula used prior to inputting the numbers in the question.

 

 

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A capital equipment costing $110000 today and has a $10000

Best A capital equipment costing $110000 today and has a $10000

A capital equipment costing $110000 today and has a $10000

 

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