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Question 16 of 20 < View Policies Current Attempt in Progress -/1 E Concord Corporation bought equipment on January 1, 2021. The equipment cost

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Question 16 of 20 < View Policies Current Attempt in Progress -/1 E Concord Corporation bought equipment on January 1, 2021. The equipment cost $351000 and had an expected salvage value of $50100. The life of the equipment was estimated to be 6 years. Assuming straight-line deprecation, the book value of the equipment at the beginning of the third year would be O $100300 O $250700 $150450. O $351000. Save for Later Attempts: 0 of 1 used Submit Answer

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