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On January 1, Tiger Inc. purchased a vehicle for $47827. Tiger Inc.'s depreciation policy states...

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Accounting

On January 1, Tiger Inc. purchased a vehicle for $47827. Tiger Inc.'s depreciation policy states that Vehicles are depreciated straight-line over a useful life of 10 years. If Tiger Inc. recorded $2683 in depreciation expense on December 31 when it closes its books, what is the implied salvage value of the vehicle? $ Blank 1. Calculate the answer by read surrounding text. (note: round answer to the nearest whole number; enter numbers only; no commas, periods, etc.)

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