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What is the depreciation charge in the fifth year

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Problem 1: Using straight-line depreciation, what is the book value after four years for an asset costing 105,000 that has a salvage value of 22,000 after 10 years? What is the depreciation charge in the fifth year (Use 5 significant figures for your calculations and round your answer to the nearest dollar)?

Reference no: EM132674127

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