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JEK Co. purchased equipment that was installed and ready for use on January 2, 2025 at a total cost of $223.000. The salvage value was
JEK Co. purchased equipment that was installed and ready for use on January 2, 2025 at a total cost of $223.000. The salvage value was estimated at $22,300. The machinery is depreciated over four years using the straight-line method. On January 3,2027 , the machine was sold for $120,250 (a) What is the book value of the equipment at 12/31/2026
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