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Question - Koger Supermarkets use scanning machines to ring-up customer purchases. Koger bought machine # 25624 on April1, 2006 for $2,000. This machine is expected to last five years and has a salvage value of $100.

Assuming the Koger uses straight-line depreciation, what is the net book value for machine #25624 on March 31, 2008?

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