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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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