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What will the book value of the asset on december

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Reference no: EM132979277

Question - A company purchases office furniture on January 1, 2102 for 28,000. Deprecation is charged at 10% per Annum using the declining balance method. What will the book value of the asset on December 31, 2013?

A. 22,680

B. 22,400

C. 22,000

D. 5,600

Reference no: EM132979277

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