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Consider the following information: First cost, (B) = $1,454,786 Salvage value (S) = $54,717 Depreciation life (N) = 7 Years Find the book value at

Consider the following information:

First cost, (B) = $1,454,786

Salvage value (S) = $54,717

Depreciation life (N) = 7 Years

Find the book value at the beginning of Year 5 using the straight-line depreciation method.

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