A company uses straight-line depreciation to write off the cost of a $100000 piece of equipment over the next 20 years. If the annual depreciation expense is $4000 - what is the salvage value of the equipment?

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A company uses straight-line depreciation to write off the cost of a $100000 piece of equipment over the next 20 years. If the annual depreciation expense is $4000 - what is the salvage value of the equipment?






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