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JM Corporation purchased equipment at the beginning of 2015 for $410,000. In 2015, 2016 , JM depreciated the asset on a straight-line basis with an

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JM Corporation purchased equipment at the beginning of 2015 for $410,000. In 2015, 2016 , JM depreciated the asset on a straight-line basis with an estimated useful life of 7 years and a $60,000 residual value. What is the book value of the equipment at the beginning of 2018

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