What is the economic depreciation of the combine

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A combine used for harvesting corn was purchased new 6 years ago for $400,000 with the intention of using it for its full asset life of 25 years (when its salvage value would be zero). It has a book value of $125,543 and can be sold for $130,000 now. What is the economic depreciation of the combine at this point in time?

Reference no: EM13886838

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