Question
BizTech bought a new building for its headquarters in the year 2015. The building cost 745,693 dollars and the company spent an additional 95,702 dollars
BizTech bought a new building for its headquarters in the year 2015. The building cost 745,693 dollars and the company spent an additional 95,702 dollars renovating the space before it was put into service. The building has been in use since October 21st, 2015. BizTech forecasted that in 2040 the building would have a net salvage value of $1,000,000. Estimate the Remaining Book Value of the building in 2029 if BizTech decides to sell the building on February 15th 2029 for $1,394,210. (note: round your answer to two decimal places; do not include spaces or dollar signs; do not round the recovery factors from the depreciation tables and make sure to include plenty of digits in your calculations).
The previous ones solved on chegg are incorrect
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