Question: E Question Help Problem 6-12 (algorithmic) K.T. Labs bought a Gene gun for $29,000. The accounting department has estimated that the machine would have an

E Question Help Problem 6-12 (algorithmic) K.T. Labs bought a Gene gun for $29,000. The accounting department has estimated that the machine would

E Question Help Problem 6-12 (algorithmic) K.T. Labs bought a Gene gun for $29,000. The accounting department has estimated that the machine would have an annualized capital cost of $6,450 over its 6-year service life. What salvage value was assumed in calculating the capital cost? The firm's interest rate is known to be 15%. Click the icon to view the interest factors for discrete compounding when is 15% per year. The salvage value is Round to the nearest dollar.)

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