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Kansas Enterprises purchased equipment for $74,000 on January 1, 2018. The equipment is expected to have a ten-year life, with a residual value of $7,350

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Kansas Enterprises purchased equipment for $74,000 on January 1, 2018. The equipment is expected to have a ten-year life, with a residual value of $7,350 at the end of ten years Using the straight-line method, the book value at December 31, 2018 would be: O $59.985 O $66,650 O $66.600 O $67335

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