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A manufacturer buys a piece of equipment for $6000. The potential physical life is six years but the under existing conditions of the probable life

A manufacturer buys a piece of equipment for $6000. The potential physical life is six years but the under existing conditions of the probable life is two years. Of the total cost what is the percentage represents obsolescence?

1.0

2.22.00

3.33.33

4.40.00

5.66.66

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