FAU FIN 3403 Chapter 10 When Salvage Project Ends Early - In this problem they have an 8 yr depreciable life and only a 5 yr actual and this is similar

FAU FIN 3403 Chapter 10 When Salvage Project Ends Early -...

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In this problem they have an 8 yr depreciable life and only a 5 yr actual and this is similar to the problems in the notes where the project is abandoned. So Dep=$640,000/8=80,000. Then after 5 yrs the book value is 640,000-(5x80000)=$240,000.

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