some other amount $4,851.23 10. Equipment was purchased on January 1, 2014 at a total cost of $20,000. The residual value of the equipment was estimated to be $1,000. The useful life was 5 years. Straight-line method is used. What is book value of the equipment at the end of the third year (2016)? * (5 Puan) $12,400 $11,400 $8,600 $8,000 11. Moon Company uses a perpetual inventory system. The following represent the purchases and sales made during month of April