An asset with a rst cost of $100,000 is depreciated over 5-year perio – McqOptions

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1.	An asset with a rst cost of $100,000 is depreciated over 5-year period. It is expected to have a $10,000 salvage value at the end of 5 years.Using the straight-line method, what is the book value at the end ofyear 2?
A.	82000
B.	90000
C.	64000
D.	60000
Answer» D. 60000

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