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On January 1, 2022, Jackson Company purchased a truc k, a machine, and a small office building for $160,000. On the date of p urchase,

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On January 1, 2022, Jackson Company purchased a truc k, a machine, and a small office building for $160,000. On the date of p urchase, the market values of the three assets were: Truck Machine Building ..... Market Value $25,200 $67,200 $75,600 The building, which will be depreciated using the su m-of-the-years'-digits depreciation method, was assigned a $9,000 salvage v alue and a nine year useful life. Calculate the book value of the building at December 31, 2024

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