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Economics 2. A purchase of equipment for BD 20,000 also involved freight charges of BD 600 and installation costs of BD 2,000. The estimated salvage
Economics
2. A purchase of equipment for BD 20,000 also involved freight charges of BD 600 and installation costs of BD 2,000. The estimated salvage value and useful life are BD 2,000 and 4 years, respectively. Calculate the book values over the 4 years using straight-line method.
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