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April 17, 2014

Homework Help: Business Math

Posted by Jean on Thursday, December 20, 2012 at 6:40pm.

Jim Company bought a machine for $36,000with an estimated lofe of 5 years. The residual value of the machine is $6,000 Calculate (a) the annual depreciation and (b) the book value at the end of year 3. Assume straight-line depreciation

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