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Marigold Corporation bought equipment on January 1, 2021. The equipment cost $348000 and had an expected salvage value of $59100. The life of the equipment
Marigold Corporation bought equipment on January 1, 2021. The equipment cost $348000 and had an expected salvage value of $59100. The life of the equipment was estimated to be 6 years. Assuming straight-line deprecation, the book value of the equipment at the beginning of the third year would be O $348000. O $251700. O $144450. O $96300.
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