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Shouldnt the book value at the end of year two be $69,660? Starting Book value year 1: 77,400- 3,870(depreciation)= 73,530 Starting Book value year 2:

Shouldnt the book value at the end of year two be $69,660? Starting Book value year 1: 77,400- 3,870(depreciation)= 73,530 Starting Book value year 2: 73,530- 3,870(depreciation)= 69,660 How is this wrong?

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