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An investor purchased a property for $160,000 which included the land value of $25,000. His accountant used the straight line method of depreciation and estimated the useful life to be 30 years. After 12 years what is the book value of the property? Show your work.
Follow APA format for structure. An APA template is attached here. Support your essay with 2 to 3 credible references beyond the course materials. Please note Wikipedia, Investopedia and similar websites are not credible academic references.
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