Cutter Enterprises purchased equipment for $$90\mathrm{.}000$ on January $1,2024.$ The equlpment is expected to have a five$-$year life and a residual value of $$8,100.$

Using the stralght$-$line method, the book value on December $31,2024,$ would be:

Multiple Cholce

$$73,620$

$$72,000.$

$$65,520.$

$$63,900.$