Question: Consider an asset that costs $ 7 3 5 , 0 0 0 and is depreciated straight - line to zero over its 1 0

Consider an asset that costs $735,000 and is depreciated straight-line to zero over its 10-year tax life. The asset is to be used in a 8-year project; at the end of the project, the asset can be sold for $225,000.
What is the book value of the equipment at the end of the 8 years?

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