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A new project requires a $50,000 investment in a new machine. The machine costs $10,000 to ship and install, and will require an additional $5,000
A new project requires a $50,000 investment in a new machine. The machine costs $10,000 to ship and install, and will require an additional $5,000 invest working capital. The project is expected to last for four years, and the capital expenditure is depreciated using straight-line depreciation. If the project is a years, what would the remaining book value of the capital expenditure be? $30,000 $55,000 $32,500 $25,000
$30,000 $55,000 $32,500 $25,000
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