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What is the book value of the building

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Question - On January 1, 2020, Bravestone Inc. purchased a $500,000 building for their new bakery. The building has a salvage value of $10,000 and an estimated useful life of 20 years. What is the book value of the building at the end of 2021 assuming Bravestone Inc. is using double- declining balance method of depreciation?

Reference no: EM133071238

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