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Business, 07.03.2020 20:24 jcross11nate

Anne Appraiser is determining the value of a single family residential home that has an
actual age of 15 years, an estimated effective age of 10 years, and a remaining economic
life of 30 years. The replacement cost is $131,582. A two-car garage was added to the
property ten years ago and has an effective age of 7 years with a remaining economic life
of 18 years. The replacement cost is $29,581. An inground pool was installed 3 years
ago, with an effective age of 5 years and a remaining economic life of 12 years. The
replacement cost is $24,585. The home has an extensive wooden deck constructed 5
years ago, with an effective age of 5 years, and a remaining economic life of 15 years.
The replacement cost is $14,300. Wooden fencing completely encloses the rear yard area
and has an effective age of 3 years and a remaining economic life of 12 years. The
replacement cost is $8,748. Determine the total accrued depreciation.

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