The net book value for the lighting rig

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Reference no: EM131538221

A not-for-profit opera company purchased a new lighting rig for $275,000 exactly two years ago. The lighting rig is expected to have a useful life of 10 years and a salvage of $25,000. The net book value for the lighting rig that would be reported on the balance sheet today is.

Reference no: EM131538221

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