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An accounting firm using the sum - of - the - years - digits method of depreciation purchased office furniture costing $ 9 , 0

An accounting firm using the sum-of-the-years-digits method of depreciation purchased office furniture costing $9,000 and put it in use on April 1. The furniture is expected to have a useful life of 10 years and an estimated resale value of $600.Refer to the Accounting Firm scenario. Compute the book value at the end of the second year.

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