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A building was constructed at a cost of 1,000,000. This building was estimated to have a useful life of 50 years with no scrap value.
A building was constructed at a cost of 1,000,000. This building was estimated to have a useful life of 50 years with no scrap value. How much is the building worth at the end of 40 years if depreciation charges had been set as follows: double declining for the first 15 years; SYD for the succeeding 15 years and straight line method for the next succeeding 10 years.
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