A Company purchased a piece of equipment on January 1, 20X1 by signing a note payable. Note payable $200,000 Coupon rate 1 2 .50% Market rate ???? Note term 6 years Market value of equipment $184,000 Useful life of the equipment 15 years Additional information: The note is due in equal annual payments of principle and interest. There is no salvage value and the company uses the straight-line depreciaiton method of depreciation for book purposes. What is the net book value of the equipment at December 31, 20X1