A machine was purchased for exist100000 estimate salvage is, Ask an Expert

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A machine was purchased for exist100,000. Estimate salvage is exist27,000 in 7 years. 3 year MACRS depreciation is being used. (33.33, 44.45, 14.81, 7.41). The machine will be kept for 7 years and then sold for exist40,000. Calculate the annual equivalent depreciation over the seven year life.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92392344

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