Gameroom wishes to determine the returns on two of its video machines, Conqueror andDemolition. Conqueror

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EXAMPLE 2Robin’s Gameroom wishes to determine the returns on two of its video machines, Conqueror andDemolition. Conqueror was purchased 1 year ago for $20,000 and currently has a market valueof $21,500. During the year, it generated $800 worth of after-tax receipts. Demolition waspurchased 4 years ago; its value in the year just completed declined from $12,000 to $11,800.During the year, it generated $1,700 of after-tax receipts

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