NEXT Multiple Choice Question 115 Whispering Winds Corp, bought equipment on January 1, 2017. The equipment cost $480000 and had an estimated to be 5 years. The company uses the straight-line method of depreciation. The book value of the equipment at the beginning of the third year would be o $410000. O $480000. O $316000. O $164000. Click if you would like to Show Work for this question: Open Show Work