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Question 78

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Use the information below to answer the following question(s) .
The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:
Use the information below to answer the following question(s) . The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:    * = long-term assets at historical cost -What is the NBV of the long-term assets at current cost at the end of year 4? A)  $660,000 B)  $800,000 C)  $960,000 D)  $1,180,000 E)  $1,760,000 * = long-term assets at historical cost
-What is the NBV of the long-term assets at current cost at the end of year 4?


A) $660,000
B) $800,000
C) $960,000
D) $1,180,000
E) $1,760,000

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