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What was difference between book - value and selling price

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Question - Block Inc, Bought a car with an estimated life of five years for $25,000. The residual Value of the car is $5,000. After three years, the car was sold for $11,000. What was the difference between book - Value and selling price if Block Inc used the straight - line method of depreciation? Be sure to show work and calculations.

Reference no: EM132829787

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