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On January 1, 2022,Sunland Companypurchased equipment for $51840. The company is depreciating the equipment at the rate of $720per month. The book value of the

On January 1, 2022,Sunland Companypurchased equipment for $51840. The company is depreciating the equipment at the rate of $720per month. The book value of the equipment at December 31, 2022 is:

$43200.

$8640.

$0.

$51840.

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