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Riddler Corporation bought equipment on January 1, 2022. The equipment cost $300,000 and had an expected salvage value of $50,000. The life of the equipment

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Riddler Corporation bought equipment on January 1, 2022. The equipment cost $300,000 and had an expected salvage value of $50,000. The life of the equipment was estimated to be 6 years. The book value of the equipment at the beginning of the third year would be $250,000 $216,666 $300,000 $83,333

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