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

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answerhappygod
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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

Post by answerhappygod »

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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