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What the net book value for the lighting rig

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Question - The Santa Fe Opera purchased a new lighting rig for $300,000 exactly three years ago. The lighting rig is expected to have a useful life of 5 years and a salvage of $44,000. What the net book value for the lighting rig that would be reported on the balance sheet today?

A. 51,200

B. 153,600

C. 146,400

D. 197,600

Reference no: EM133075511

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