Comet Cleaning Co. reported the following on its December 31, 2018, balance sheet Equipment (at cost) $2,800,000 In a disclosure note, Comet indicates that it uses straight-line depreciation over six years and estimates salvage value as 10% of cost. Comet's equipment averages 4.5 years at December 31, 2018. Required: What is the book value of Comet's equipment at December 31, 2018? Book value