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Salvage Value Meaning Formula How to Calculate

Marused Mining Equipment Price Examples Math

The company finds out that the useful life of this equipment is 10 years and at the end of 10 years, the value of the equipment would be 10,000. So the scrap value of the equipment is 10,000. Now, as we know that the value of the equipment is 10,000, the depreciation for this equipment will be calculated on 100,000 10,000 90,000.

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