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Supreme Fitness Club uses straight-line depreciation for a machine costing $30,150, with an estimated four-year life and a $2,050 salvage value. At the beginning of

Supreme Fitness Club uses straight-line depreciation for a machine costing $30,150, with an estimated four-year life and a $2,050 salvage value. At the beginning of the third year, Supreme determines that the machine has three more years of remaining useful life, after which it will have an estimated $1,600 salvage value.

Complete the below table to calculate the machines book value at the end of its third year.

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Supreme Fitness Club uses straight-line depreciation for a machine costing $30,150, with an estimated four-year life and a $2,050 salvage value. At the beginning of the third year, Supreme determines that the machine has three more years of remaining useful life, after which it will have an estimated $1,600 salvage value.Complete the below table to calculate the machineĀ½s book value at the end of its third year

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