Find the book value after the given number of years, using the straight-line method. Round your answer to the nearest dollar.
-Find the book value at the end of 10 years.
Cost: $67,500
Estimated life: 12 years
Estimated scrap value: $4,050
A) $62,213
B) $11,250
C) $52,875
D) $14,625
Correct Answer:
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