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Please Highlight the final answer. QUESTION 1 10 points Save Answer SFM: A property that is book-depreciated over a 10-year period by the Sinking Fund

image text in transcribed Please Highlight the final answer.

QUESTION 1 10 points Save Answer SFM: A property that is book-depreciated over a 10-year period by the Sinking Fund Method has $60,636.03 book value on the 3rd year with a depreciation charge of $3,960.40 per year. Determine the assumed salvage value of the property at i=12%

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