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$10,000$1,000. Book value is total cost minus accumulated depreciation. On January 1, 2021. Truesdale, Incorporated, purchased a piece of machinery for use in operations. The

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$10,000$1,000. Book value is total cost minus accumulated depreciation. On January 1, 2021. Truesdale, Incorporated, purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The machine has an estimated useful life of 3 years and a salvage value of $3,000. Using the straight-line method, the book value of the machinery at December 31,2022 , is approximately $13,000$10,000$11,000$30,000

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