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An asset with a first cost of 65,000 and a salvage value of $5,000 is depreciated using 5-year MARCS recovery. If the asset is sold
An asset with a first cost of 65,000 and a salvage value of $5,000 is depreciated using 5-year MARCS recovery. If the asset is sold in year 6, what is the book value at the end of year 6?
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