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Kalmar Industries is planning on depreciating an asset purchased for $600,000 using the SOYD method over a life of 10 years. If the depreciation charges

Kalmar Industries is planning on depreciating an asset purchased for $600,000 using the SOYD method over a life of 10 years. If the depreciation charges in year 3 was $80,000, determine the salvage value used in computing the depreciation charges in year 3. A. $50,000 B. $20,000 C. $100,000 D. $120,000

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