Question: A man bought a machine for $ 884577 six years ago. It has a salvage value of $ 37642 four years from now. He
A man bought a machine for $ 884577 six years ago. It has a salvage value of $ 37642 four years from now. He sold it now for $ 146905. What is the sunk cost or the value of the machine that the man lost if the depreciation method used is a Sinking Fund method with an interest of 21%?
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