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What amount should be shown in concord''s balance sheet

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On January 1, 2017, Concord Corporation purchased a new machine for $4130000. The new machine has an estimated useful life of nine years and the salvage value was estimated to be $143000. Depreciation was computed using the sum-of-the-years'-digits method.

What amount should be shown in Concord's balance sheet at December 31, 2018, net of accumulated depreciation, for this machine?

Reference no: EM132317487

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