Question: Salvage value is: 1 Not a factor relevant to determining depletion. 2 A factor relevant to amortizing an intangible asset with an indefinite life. 3

Salvage value is:
1Not a factor relevant to determining depletion.
2A factor relevant to amortizing an intangible asset with an indefinite life.
3An estimate of an assets value at the end of its useful life.
4A factor relevant to determining depreciation under MACRS.

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