On March 3 1 , 2 0 2 4 , management of Quality Appliances committed to a plan to sell equipment The equipm l o n th was available for immediate sale, and an active plan to locate a buyer was initiated The equipment had been purchased on January 1 , 2 0 2 2 , for $ 5 8 0 , 0 0 0 The equipment had an estimated six year service life and residual value of $ 1 0 0 , 0 0 0 The equipment was being depreciated using the straight line method Quality's fiscal year ends on December 3 1 Required Calculate the equipment's book value as of March 3 1 , 2 0 2 4 ( Hint Depreciation for 2 0 2 4 would include up to March 3 1 ) By December 3 1 , 2 0 2 4 , the equipment has not been sold, but management expects that it will be sold in 2 0 2 5 for $ 3 7 4 , 0 0 0 For what amount is the equipment reported in the December 3 1 , 2 0 2 4 , balance sheet Complete this question by entering your answers in the tabs below Calculate the equipment's book value as of March 3 1 , 2 0 2 4 ( Hint Depreciation for 2 0 2 4 would include up to March 3 1 )

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On March 3 1 , 2 0 2 4 , management of Quality Appliances committed to a plan to sell equipment  The equipm l o n th was available for immediate sale, and an active plan to locate a buyer was initiated  The equipment had been purchased on January 1 , 2 0 2 2 , for $ 5 8 0 , 0 0 0   The equipment had an estimated six   year service life and residual value of $ 1 0 0 , 0 0 0   The equipment was being depreciated using the straight   line method  Quality's fiscal year ends on December 3 1   Required  Calculate the equipment's book value as of March 3 1 , 2 0 2 4   ( Hint  Depreciation for 2 0 2 4 would include up to March 3 1   ) By December 3 1 , 2 0 2 4 , the equipment has not been sold, but management expects that it will be sold in 2 0 2 5 for $ 3 7 4 , 0 0 0   For what amount is the equipment reported in the December 3 1 , 2 0 2 4 , balance sheet  Complete this question by entering your answers in the tabs below  Calculate the equipment's book value as of March 3 1 , 2 0 2 4   ( Hint  Depreciation for 2 0 2 4 would include up to March 3 1   )

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On March 3 1 , 2 0 2 4 , management of Quality Appliances committed to a plan to sell equipment. The equipm l o

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