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a A company has an asset (placed in service at the beginning of Year 1) with a total cost of $150,000, a salvage value of

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a A company has an asset (placed in service at the beginning of Year 1) with a total cost of $150,000, a salvage value of $6,000 and a useful life of 8 years. If the company uses the double declining balance method of depreciation, what is the book value of the asset at the end of Year 8

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