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Equipment was purchased for $36,000 and has a book value of $12,000 and a depreciable cost of $30,000. The estimated salvage value is $12,000 $24,000.

Equipment was purchased for $36,000 and has a book value of $12,000 and a depreciable cost of $30,000. The estimated salvage value is

$12,000

$24,000.

$5,000

$6,000

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