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On January 1, 2019, Masters and Masters Company purchased equipment for $30,000. The company is depreciating the equipment at the rate of $700 per month.

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On January 1, 2019, Masters and Masters Company purchased equipment for $30,000. The company is depreciating the equipment at the rate of $700 per month. The book value of the equipment at December 31, 2019 is Select one: a. $21,600. b. $8,400. c. $0. O d. $30,000

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