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II. (this part is independent from part 1 Calculate the Net Book Value on December 31, 2018 of an asset purchased on January 1, 2015

II. (this part is independent from part 1 Calculate the Net Book Value on December 31, 2018 of an asset purchased on January 1, 2015 for $60,000 that has an estimated life of 10 years. Make sure you show all your calculations. (X marks)

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