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Equipment was purchased on 1/1/2015 in the amount of $450,000 with salvage value of $25,000 and useful life of 5 years. What is the book

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Equipment was purchased on 1/1/2015 in the amount of $450,000 with salvage value of $25,000 and useful life of 5 years. What is the book value of the equipment on 12/31/2018 using Straight Line Depreciation? $195,000 no choices are correct $85,000 $110,000

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