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Question 31. On January 1, 20-- Matthew's Company purchased equipment for $12,000. The company is depreciating i equipment at the rate of $200 per month.

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Question 31. On January 1, 20-- Matthew's Company purchased equipment for $12,000. The company is depreciating i equipment at the rate of $200 per month. The book value of the equipment at December 31, 20-- is a $0. b.$2,400 c.$9,600 d.$12,000 i need text answer only otherwise skip

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