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Fixed Asset Details: Asset Purchase Price Accumulated Depreciation Book Value Machinery $150,000 $30,000 $120,000 Buildings $400,000 $100,000 $300,000 Analyze the fixed asset details and discuss
Fixed Asset Details:
Asset | Purchase Price | Accumulated Depreciation | Book Value |
---|---|---|---|
Machinery | $150,000 | $30,000 | $120,000 |
Buildings | $400,000 | $100,000 | $300,000 |
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