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(5 points) On April 1, 2019, Stilt, Co. purchased equipment for $9,956,000. The salvage value of the equipment is estimated to be $1,195,000 and the

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(5 points) On April 1, 2019, Stilt, Co. purchased equipment for $9,956,000. The salvage value of the equipment is estimated to be $1,195,000 and the management team believes that the equipment can be used for 6 years. Assuming the company uses the straight line method and follows FASB's preferences for recording partial year depreciation, what should the company record as book value in 2019? (A 28) e $1,095,125 $1,460,167 $8,495,833 $8,860,875

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