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The carrying value (or book value) of a depreciable asset equals: A. Original cost minus depreciation expense for the current period. B. The estimated cost

The carrying value (or book value) of a depreciable asset equals:

A. Original cost minus depreciation expense for the current period.

B. The estimated cost to replace the asset.

C. Original cost minus accumulated depreciation.

D. The estimated amount that the asset could be sold for.

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