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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.
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. $0.
c. $30,000.
d. $8,400.
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