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The fixed assets of a 1 0 - year project cost $ 6 0 0 , 0 0 0 , which will be depreciated using

The fixed assets of a 10-year project cost $600,000, which will be depreciated using 10-year straight-line method. At the end of the project, the asset can be sold for $50,000. If the tax rate is 20%, how much is the book value after 10 years?
$55,000
$60,000
$48,000
$9,000
$50,000
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