The difference between the cost of a plant asset and its residual value is called the depreciable
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The difference between the cost of a plant asset and its residual value is called the depreciable cost . Thus, if an automobile purchased for
$30,000 is expected to have a 5-year life and to have a residual value of
$5,000 at the end of that life, $30,000 is the original and
$25,000 is the .
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