Question: An asset was purchased for $5,000. After the SL method was used to calculate depreciation for a total life of 25 years, the asset's expected

An asset was purchased for $5,000. After the SL method was used to calculate depreciation for a total life of 25 years, the asset's expected salvage value is $500. What would the difference be between the asset's book value (after 15 years) and the book value that would have resulted if the the DB method at the rate of 10% applied for 15 years had been used instead?

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