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5. A construction company has purchased a $850,000 excavator. It has an allowable depreciation rate of 18% annually except only half that rate in the

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5. A construction company has purchased a $850,000 excavator. It has an allowable depreciation rate of 18% annually except only half that rate in the first year. What is the excavator's book value at the end of 4 years? Clearly state your answer!! The Book Value after 4 years is

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