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Blythe Company has equipment with an original cost of $150,000 and accumulated depreciation of $40,000. What is the current fair value of the equipment? A)
Blythe Company has equipment with an original cost of $150,000 and accumulated depreciation of $40,000. What is the current fair value of the equipment?
A) $150,000
B) $110,000
C) $40,000
D) unable to determine from the information given
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