Multiple Choice
A building currently has a net book value of $650,000 after three years of straight-line amortization totalling $150,000.The estimated residual value is $50,000.What was the building's original cost?
A) $900,000
B) $850,000
C) $800,000
D) $750,000
Correct Answer:
Verified
Correct Answer:
Verified
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