4. (20 pts) What is the book value at the end of year 3 of...
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4. (20 pts) What is the book value at the end of year 3 of an asset purchased for $50,000, depreciated over 5 years and a salvage value of $10,000 using: (Chapter 11) a. Straight Line Depreciation b. MACRS (use 5 year depreciation schedule)
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