Determine what is the book value at the end of year 3

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A hybrid car has a initial cost of $70,000 is to be depreciated by the straight-line method over a six years. The asset will a salvage value of $10,000. According to the straight line method, the book value at the end of year 3 is?

Reference no: EM13298097

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Determine what is the book value at the end of year 3 : A hybrid car has a initial cost of $70,000 is to be depreciated by the straight-line method over a six years. The asset will a salvage value of $10,000. According to the straight line method, the book value at the end of year 3 is

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