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If the original cost of an asset is $450,000 and the accumulated depreciation on that asset was $30,000, what could you say about that asset?

If the original cost of an asset is $450,000 and the accumulated depreciation on that asset was $30,000, what could you say about that asset?

Select one:

a. The asset has a lot of value to the company

b. The asset was abused.

c. The asset is relatively new.

d. The asset is nearing the end of its useful life.

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