What is the systems current book value if largo sold the, Finance Basics

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What is the systems current book value if largo sold the

A few years ago, Largo Industries implemented an inventory auditing system at an installed cost of $175,000. Since then, it has taken depreciation deductions totaling $124,250. What is the system's current book value? If Largo sold the system for $110,000, how much recaptured depreciation would result?

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Finance Basics: What is the systems current book value if largo sold the

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Finance Basics: What is the systems current book value if largo sold the

Reference No:- TGS0628736

Recent Questions Asked Finance Basics

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