On a company's balance sheet, Equipment has a balance of $3,000, and Accumulated Depreciation has a balance of $500. What is the book value of the equipment? $3,500 $3,000 $2,500 $500 QUESTION 27 Which of these methods allocates an equal amount of depreciation to each year (depreciation expense is the same every year)? Straight-line method Units-of-production method Double-declining balance method All of these methods