Question: A machine was purchased for $ 5 0 , 0 0 0 . It has a current carrying value of $ 3 2 , 5

A machine was purchased for $50,000. It has a current carrying value of $32,500 and had a depreciable cost of $45,000. Its estimated residual value must have been a. $5,000. b. $12,500. c. $17,500. d. impossible to determine from the facts given.

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