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WallaceCo has a building that originally cost $385,000. Wallace expects to be able to sell the facility for $256,000 at the end of its useful
WallaceCo has a building that originally cost $385,000. Wallace expects to be able to sell the facility for $256,000 at the end of its useful life. The balance of the related Accumulated Depreciation account is $111,000. The residual value of the facility is:
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