=+LG 3 LG 4 E114 A few years ago, Tasty Food Company purchased an automatic production line

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=+LG 3 LG 4 E11–4 A few years ago, Tasty Food Company purchased an automatic production line at an installed cost of $325,000. The company has recognized depreciation expenses totaling $215,250 since its installation. What is the production line’s current book value? If Tasty Food sells the production line for $236,000, how much recaptured depreciation would result?

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Principles Of Managerial Finance

ISBN: 9781292261515

15th Global Edition

Authors: Chad J. Zutter, Scott Smart

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