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On January 1, 2022, Sheridan Company purchased equipment for $45360. The company is depreciating the equipment at the rate of $630 per month. The book

On January 1, 2022, Sheridan Company purchased equipment for $45360. The company is depreciating the equipment at the rate of $630 per month. The book value of the equipment at December 31,2022 is: $7560 $0. $45360 $37800

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