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Calculate the book value at the end of year 4

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Question

Growth Industries purchased a generator for $40,500. Delivery costs totaled $1,424 and handling costs were $2,626. The useful life is 6 years and the salvage value is $12,020. Using the straight-line depreciation method, calculate the book value at the end of year 4.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132316069

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