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Suppose that on June 3 Bobby's Auto Service, Inc purchased equipment on acoount for $42.000, Bobby's equipment will semain usehe for tive years and then

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Suppose that on June 3 Bobby's Auto Service, Inc purchased equipment on acoount for $42.000, Bobby's equipment will semain usehe for tive years and then be worthless Bobby uses the straight-ine method of depreciation. Bobby's Auto Service, Inc raported book value of ts land and equipment at June 30 is as follows E(Cick the icon to view the plant assets) What wi be the book value of Bobby's Auto Service equipment at the end of July Complete the table to caloulate the book value of the equipment Less Book value at July 31 Data Table - X Bobby's Auto Service, Inc. Plant Assets at June 30 Land 11.000 42000 Less Accumiated Depreciation (700) 41,300 Book value of plant ases 52,300 Print Done

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