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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134162690Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134162690 Exercise 2
You sold an automobile at a price of $14,000. The automobile was purchased three years ago for $20,000. The car had been depreciated according to a five-year MACRS property class, and the book value was $5,760. What is the amount of economic depreciation?
Explanation
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Contemporary Engineering Economics 6th Edition by Chan Park
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