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Homework answers / question archive / DBM: A property that is book-depreciated over a 10-year period by the Declining Balance Method has $19,856
DBM: A property that is book-depreciated over a 10-year period by the Declining Balance Method has $19,856.99 book value on the 4th year. Determine the first cost of the property (round-off k to 4 decimal places).
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