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Jim Clinnin purchased a used RV with 19,600 miles for $47,500. Originally the RV sold for $73,000 with a residual value of $20,600. After subtracting
Jim Clinnin purchased a used RV with 19,600 miles for $47,500. Originally the RV sold for $73,000 with a residual value of $20,600. After subtracting the residual value, depreciation allowance per mile was $0.92. How much was Jim's purchase price over or below the book value? (Input the amount as positive value.) Purchase price was the book value by
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