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QUESTION 11 Alley in purchased a machine on January 1, 2012 for $16.000, expected it to last 10 years and estimated a salvage value of

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QUESTION 11 Alley in purchased a machine on January 1, 2012 for $16.000, expected it to last 10 years and estimated a salvage value of $2.000 at the end of its life. What the book value of the asset at the first 2 years using straight-line method? 591,200 19.500 $11.600 $12.00 None of the above

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