What is the current book value of the system

Reference no: EM133541752

Question: Book value and recaputured depreciation (15 points) Similar to E11-4

Jenson Inc. invested in purchasing a new inventory system which cost $232,000 installed. Since that purchase depreciation has totaled $134,000.

What is the current book value of the system?

If the system is sold for $146,000, how much recaptured depreciation would result?

Reference no: EM133541752

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