An equipment costs RO 15,000. At the end of its economic life of five years, its salvage value is RO 6000. Using Sum of the Years Digit Method of Depreciation, what will be its book value at the end of the second year? a. RO 1800 b. RO 7200 c. RO 9600 d. RO 7800

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ISBN:9780470458365
Author:Erwin Kreyszig
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An equipment costs RO 15,000. At the end of its economic life of five years, its salvage value is RO 6000. Using Sum of the Years Digit Method of Depreciation, what will be its book value at the end of the second year? a. RO 1800 b. RO 7200 c. RO 9600 d. RO 7800
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