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equipment was purchased that had a useful life of 5 years . Salvage value of 4000. It was depreciated using the streight line method. On

equipment was purchased that had a useful life of 5 years . Salvage value of 4000. It was depreciated using the streight line method. On the last day of the fourth year, the equipement was sold for 5000 and rsulted n a loss of 7000. Using this information, compute the original cost of the equipment. ?

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