Carson brewing has purchased a hop harvesting machine for, Financial Management

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Carson brewing has purchased a hop harvesting machine for

Carson Brewing has purchased a hop harvesting machine for $125,00. Delivery charges were $10,000 and installation costs were $15,000. Carson brewing expects to use the machine for 10 years (10 year useful life) and then sell it for a market (salvage) value of $30,000. Using straight line depreciation, what is the book value at the end of the 6th year?

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Financial Management: Carson brewing has purchased a hop harvesting machine for

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Financial Management: Carson brewing has purchased a hop harvesting machine for

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