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obsolescence, it will be retired after only 6 years in 2016. (a) Determine the capital investment remaining when the asset was prematurely retired. (b) If

obsolescence, it will be retired after only 6 years in 2016. (a) Determine the capital investment remaining when the asset was prematurely retired. (b) If the asset is sold at the end of 6 years for $175,000, determine the capital investment loss based on straight line depreciation. (c) If the new-technology machine has an esti- mated cost of $260,000, how many more years would the company have had to depre- ciate the currently-owned machine to make its book value and the first cost of the new machine equal each other

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