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Cost of Equipment $500,000 Est. Useful life 5 Est. SV $50,000 Production Life hours 30000 Date of Purchase July1,2019 Compute Book Value (BV) at Dec.31,

Cost of Equipment $500,000
Est. Useful life 5
Est. SV $50,000
Production Life hours 30000
Date of Purchase July1,2019
Compute Book Value (BV) at Dec.31, 2020 under Straight Line Method (SLM)

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