The market value of a depreciable asset at the time it is sold or removed from service is a. net present value b. shadow value c. salvage value d. remaining debt balance The total depreciation over an asset's useful life is equal to a. cost minus salvage value b. cost plus salvage value I c. book value d. salvage value none of the above e. A loss on the sale of a depreciable asset implies a. its salvage value is zero b. its book value is zero c. too little depreciation was taken over its life d. too much depreciation was taken over its life e. all of the above The U.S. Treasury borrows money by selling a. Treasury Notes b. Treasury Bonds c. Treasury Bills d. all of the above