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What is average book value ? (see below) Installation cost $ 14,000,000 # of years 4 Projected net income: Year 0 $1,253,000 Year 1 $1,935,000

What is average book value? (see below)

Installation cost $ 14,000,000
# of years 4
Projected net income:
Year 0 $1,253,000
Year 1 $1,935,000
Year 2 $1,738,000
Year 3 $1,310,000
.

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