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Determine the amount of the estimated average income for a proposed investment of $62,158.00 in a fixed asset, giving effect to depreciation (straight-line method), with a useful life of four years, no residual value, and an expected total income yield of $33,987.00 (round to two decimal points).

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9970162

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