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Sunfand Corporation bought equipment on January 1, 2021. The equipment cost $363000 and had an expected salvage value of $59700. The life of the equipment
Sunfand Corporation bought equipment on January 1, 2021. The equipment cost $363000 and had an expected salvage value of $59700. 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 $101100.$151650.$261900.$363000
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