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A machine with a purchase price of $11,000 is to be depreciated over its useful working life of 7 years to a book value of

A machine with a purchase price of $11,000 is to be depreciated over its useful working life of 7 years to a book value of zero, using straight-line depreciation.

What is the book value of the machine after 3 years?

Select one:

a.$6186

b.$12471

c.$12571

d.$6286

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Recommended Textbook for

Calculus Early Transcendentals

Calculus Early Transcendentals

Authors: William L. Briggs, Lyle Cochran, Bernard Gillett

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321954428, 321954424, 978-0321947345

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