Suppose that on June 3 Ranger's Auto Service , Inc. purchased equipment on account for $ 36 comma 000. Ranger 's equipment will remain useful for five years and then be worthless. Ranger uses the straight-line method of depreciation. Ranger's Auto Service , Inc. reported book value of its land and equipment at June 30 is as follows:

What will be the book value of Ranger's Auto Service equipment at the end of July ? Complete the table to calculate the book value of the equipment. Less: Book value at July 31

Suppooe hst on n. 3 Range's Auno Servic. Inc purche ed eq pmen on 80 unt fr 536 000 Ranger's equprient w l nain useful for ive yee 8 and then be worth 88 Range uo 8 th83118 t-ine n t od 0rdes ecie on Rang Seirvice, Inc reported book vaue of d and euipment at une 30 8 A Serv e he eported book ve e oras land @nd prn al r 30 88 fo o ve E (Cick the ican to viaw the plant assaats) What wil ba the book vaue at Hangars Auno Servica aquipmantat the and ot July? Compiste the tabla to calculate the hook valua of he quipe ant Less Book value a July 31 Data Tabie Runger's Auto Servioe, Inc. Plunt Assets 81 June 30 5 10.000 Land Equipment 36,00 900) 5,400 45,400 Book value ofplant aszts Prnt Done