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Japan has been one of China's largest sources of imports,along with South Korea and the United States.Because there is still political enmity between China and Japan due to the Japanese occupation of parts of China during World War II,the best explanation for the present Japanese trade relationship with China is:
Depreciable Cost
The total cost of a tangible asset minus its estimated salvage value, representing the amount that can be depreciated over the life of the asset.
Initial Cost
The original expense incurred to acquire an asset or start a project, including purchase price and any other initial expenses.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was acquired, representing the loss of value over time.
Residual Value
The estimated amount that an asset will realize upon its sale at the end of its useful life.
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