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Urban Outsiders has a building that originally cost $430,000. The company expects to be able to sell the facility for $247,500 at the end of
Urban Outsiders has a building that originally cost $430,000. The company expects to be able to sell the facility for $247,500 at the end of its useful life. The balance of the related Accumulated Depreciation account is $115,000. The residual value of the facility is: |
$315,000.
$182,500.
$247,500.
$132,500.
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