Question: A machine purchased for $ 5 0 0 . 0 0 0 is expected to be used for 1 0 years and sold for $

A machine purchased for $500.000 is expected to be used for 10 years and sold for $45.000, Calculate the book value at the end of each year up-to year 5 if a straight-line depreciation is used.Calculate the book value at the end of year 1 through 5 if a straight-line depreciation is used.

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