Question: building was purchased for $ 6 6 , 5 0 0 . The asset has an expected service life of eight years and depreciation expense

building was purchased for $66,500. The asset has an expected service life of eight years and depreciation expense each year is $6,000 using the straight-line method. What is the residual value of the building?$8,312$18,500$O$13,312

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