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6) An auto is purchased for $20,000 with an expected salvage value of $2000. The auto's estimated life is 8yrs. Using the Double declining method,

6) An auto is purchased for $20,000 with an expected salvage value of $2000. The auto's estimated life is 8yrs. Using the Double declining method, what is the book value of the auto at the end of year 8? The DDB rate is %25 (1/82)

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