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Salvage Value
Salvage Value
Salvage Value
Salvage Value
Salvage Value

The following information is about Salvage Value.

Salvage Value Defined

The amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale; or, if retained, the amount at which the material recoverable is chargeable to Materials and Supplies, or other appropriate account.

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