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Fixed Asset Details: Asset Purchase Price Accumulated Depreciation Book Value Machinery $100,000 $20,000 $80,000 Vehicles $50,000 $10,000 $40,000 Analyze the fixed asset details and discuss

Fixed Asset Details:

AssetPurchase PriceAccumulated DepreciationBook Value
Machinery$100,000$20,000$80,000
Vehicles$50,000$10,000$40,000
Analyze the fixed asset details and discuss the depreciation method used.                  

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