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Declining Balance The cost of the asset: $2,000.00 The salvage value: $800.00 The life of the...

Declining Balance

The cost of the asset: $2,000.00
The salvage value:      $800.00
The life of the asset: 4 years

Calculate the Book Value to the Nearest One Dollar at End of Year 3. Please show work.
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Book Value at End of Year 3 is $ 250

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