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On October 1, 2019, Totally Sweet Bakery buys an industrial oven for $32,000 with a residual value of $2,000 and a life of 5 years.

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On October 1, 2019, Totally Sweet Bakery buys an industrial oven for $32,000 with a residual value of $2,000 and a life of 5 years. Totally Sweet Bakery uses the straight-line depreciation method. Question: Computer the net book value of the machine on October 30, 2019. $24,000 $25,600 $6,000 $26,000

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