Pulpwood-forming machine was purchased and installed

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Reference no: EM13892003

A pulpwood-forming machine was purchased and installed 8 years ago for $50.000. The declared salvage value was $5000, with a useful life of 10 years. The machine can be replaced with a more efficient model that costs $90,000, including installation. The old machine can be sold on the open market for $20,000. The cost to remove the old machine is $5000. Which are the reverent costs for the old machine?

Reference no: EM13892003

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Pulpwood-forming machine was purchased and installed : A pulpwood-forming machine was purchased and installed 8 years ago for $50.000. The declared salvage value was $5000, with a useful life of 10 years. The machine can be replaced with a more efficient model that costs $90,000, including installation. ..

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