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KXYW Broadcasting Company reported net

Author:
January 6th, 2018

KXYW Broadcasting Company reported net fixed assets of $48 million at December 31, 20X5, and $53 million at December 31, 20X6. During 20X6, the company purchased fixed assets for $10 million and had $4 million of depreciation. Compute the book value of the fixed asset disposals during 20X6.

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