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Holly, Inc. has a building that originally cost $455,000. Holly expects to be able to sell the facility for $304,000 at the end of its
Holly, Inc. has a building that originally cost $455,000. Holly expects to be able to sell the facility for $304,000 at the end of its useful life. The balance of the related Accumulated Depreciation account is $111,000. The depreciable cost of the facility is:
a.) $193,000
b.) $151,000
c.) $344,000
d.) $111,000
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