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On November 1, 20x1. Acme Corp. purchased equipment for $55,809 with an estimated salvage value of $7,823 at the end of its estimated life of

On November 1, 20x1. Acme Corp. purchased equipment for $55,809 with an estimated salvage value of $7,823 at the end of its estimated life of 7 years. The book value of this equipment as of the end of 203 is Round to the nearest penny

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