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7 (4 points) Listen Based on the following information, what is the net book value of the asset on the December 31, 2021 balance sheet?
7 (4 points) Listen Based on the following information, what is the net book value of the asset on the December 31, 2021 balance sheet? Cost $750,000 Accumulated depreciation 400,000 Value in use (sum of discounted cash flows) 300,000 Fair value 200,000 Disposal costs 15,000 $200,000 $350,000 $185,000 $300,000
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