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Question 9 Compute book value on the following: Fixed Assets - Cost-$50,000; Market Value $60,000 Salvage -10% of either Costor Market value; Accumulated Depreciation $20,000.

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Question 9 Compute book value on the following: Fixed Assets - Cost-$50,000; Market Value $60,000 Salvage -10% of either Costor Market value; Accumulated Depreciation $20,000. $40,000 $36,000 $30,000 $54.000 D Question 10 3.4 pts When the tax return has less taxable income due to MACRS depreciation and more net Income due to straight-line depreciation, where there is a calculation for deferred taxes MACRS Difference Timing Difference Book Difference All of the above

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