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DBM: A property that is book-depreciated over a 10-year period by the Declining Balance Method has $14,491.63 book value on the 5th year. Determine the

DBM: A property that is book-depreciated over a 10-year period by the Declining Balance Method has $14,491.63 book value on the 5th year. Determine the assumed salvage value of the property (round-off k to 4 decimal places).

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