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Name 3 A numerically controlled milling machine was purchased for $95,000 four years ago. The estimated salvage value was $15,000 after 15years. What is the
Name 3 A numerically controlled milling machine was purchased for $95,000 four years ago. The estimated salvage value was $15,000 after 15years. What is the machine's book value after 5 years of depreciation? if the machine is sold for $20,000 earlier in year 7, how much gain, loss on sale or recaptured depreciation is there? (25 points) Assume 7-year MACRS depreciation Straight line deprecation? Sum-of-the-years' -digits (SOYD) depreciation? a. b. c. d
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