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Canary Company purchased equipment on 1/1/2017 for $64,000 cash. The equipment has a 8 year expected life and a $8000 salvage value. What S amount

Canary Company purchased equipment on 1/1/2017 for $64,000 cash. The equipment has a 8 year expected life and a $8000 salvage value. What S amount of equipment will be shown on the 12/31/2018 balance sheet

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