Mitchell Corporation bought equipment on January 1, 2021. The equipment cost $440,000 and had an expected salvage value of $60,000. The life of the equipment was estimated to be 5 years. If straight-line depreciation is used the book value of the equipment at the end of the second year would be $152.000 $288.000 $380.000 $440.000 A $10,000,000, 14%, 10-year bond that pays interest annually is sold when the market rate of interest is 10%. The bonds will sell at an amount equal to face value less than face value greater than face value. that cannot be determined