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A piece of equipment used in a business has a basis of $60,000 and is expected to have a $5,000 SV when replaced after 22,000 hours of use. Find its depreciation rate per hour of use and find its

A piece of equipment used in a business has a basis of $60,000 and is expected to have a $5,000 SV when replaced after 22,000 hours of use. Find its depreciation rate per hour of use and find its BV after 9,000 hours of operation.

Apr 12 2021 View more View Less

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