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A new electric saw for cutting small pieces of lumber in a furniture manufacturing plant has a cost basis of $4,463 and a 10-year depreciable
A new electric saw for cutting small pieces of lumber in a furniture manufacturing plant has a cost basis of $4,463 and a 10-year depreciable life. The estimated SV of the saw is zero at the end of 10 years. Use the DB method to calculate the book value (BV) at the end of year six when R = 2/N (200% DB method). (HINT: skip $ and comma symbols)
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