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glenmore corp. purchased a fax machine at the beggining of 2007. the fax machine cost $1,000 and is expected to last five years. its salavage value...

glenmore corp. purchased a fax machine at the beggining of 2007. the fax machine cost $1,000 and is expected to last five years. its salavage value is expected to be $50.

using straight-line depreciation what till the machine net book value be at the end of 2008?

$

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Solution of 554280_ACC.xls

Question:glenmore corp. purchased a fax machine at the beggining of 2007. the fax machine cost $1,000 and is
expected to last five years. its salavage value is expected to be $50.
using...

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