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Your boss comes to you to calculate the book value you tell

S Corp purchased a die maker 5 years ago for $116,750 which is being depreciated straight-line to a salvage value of $4,750 over 7 years. The die maker is 5 years old and S Corp wants to sell the die maker today. Your boss comes to you to calculate the Book Value. You tell the boss the Book Value is ____.

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Finance Basics: Your boss comes to you to calculate the book value you tell

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