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Consider an asset that costs $ 6 6 5 , 0 0 0 and is depreciated straight - line to zero over its 8 -

Consider an asset that costs $665,000 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $141,000.
What is the book value of the equipment at the end of the 5 years?

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