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Bakesale Enterprises purchased equipment on May 1 , 2 0 1 5 for $ 6 , 3 0 0 . The company expects to use

Bakesale Enterprises purchased equipment on May

1, 2015

for $

6, 300 .

The company expects to use the equipment for

5

years. It has no salvage value.

(

annual depreciation is $

1, 260)

What is the book value of the equipment at May

31, 2022 ?

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