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Calculate the value of the equipment after five years

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Reference no: EM133131971

Question - A computer system, acquired by a company, cost $10,000 and for tax purposes, they assume a salvage value or resell value of $3,000 after 10 years. If they use linear depreciation from $10,000 to $3,000, calculate the value of the equipment after five years.

Reference no: EM133131971

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