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The Bug House purchased some new machinery last year at a total cost of $21,000. The depreciation to date on this machinery is $3,900. Should
The Bug House purchased some new machinery last year at a total cost of $21,000. The depreciation to date on this machinery is $3,900. Should the firm opt to sell the machinery today, it could probably do so at a price of $15,400. What is the current book value of this machinery? |
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