QUESTION
This Reproduction Cost New (RCN) question is based on the following information using the cost approach to value: What is important here?
Site Value |
 |
|
Reproduction Cost New (RCN) |
|
|
Effective Age 15years, remaining economic life 25 years |
| Accrued Depreciation |
|
|
|
| |
Curable |
|
|
| |
RCN |
|
C to C |
| |
$750 |
|
$1000 |
| |
| |
Incurable Physical Deterioration Short-Lived |
| |
RCN |
|
Depreciation |
| |
$12,500 |
|
$4,500 |
| |
| |
Incurable Physical Deterioration Long-Lived |
| |
_______________?______________________ |
| |
Total Physical Depreciation (from all sources) |
| |
_______________?______________________ |
| |
Market Value |
____?____________________ |
From the information provided, what is the value of the incurable physical deterioration long-lived, the value of the total depreciation from all sources, and the market value ?