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Cutfer Enterpnses purchased equipment for $102,000 on January 1,2024 . The equipenent is expected to have a fiveyear Ife and a fesidual value of $6,900

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Cutfer Enterpnses purchased equipment for $102,000 on January 1,2024 . The equipenent is expected to have a fiveyear Ife and a fesidual value of $6,900 Using the straight-tine method, the book value on December 31, 2024, would be Mutiple Chaice $74700 $76,080 $81600 582980

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