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Martinez Corp. bought equipment on January 1, 2022. The equipment cost $240000 and had an expected salvage value of $60000. The life of the equipment

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Martinez Corp. bought equipment on January 1, 2022. The equipment cost $240000 and had an expected salvage value of $60000. The life of the equipment was estimated to be 6 years. The book value of the equipment at the beginning of the third year would be O $60000. O $180000. O $180000. O $240000

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