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Answer asap please A piece of equipment costs $4 million, has installation costs of $50,000, an estimated residual value of $800,000 and a useful life

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A piece of equipment costs $4 million, has installation costs of $50,000, an estimated residual value of $800,000 and a useful life of 5years. Based on straight-lkine depreciation, what would be the book value of this asset after 3 years? ... A. $700,000 B. $2,100,000 C. $1,260,000 D. $1,300,000

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