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The balance in the equipment account is $4,100,000, and the balance in the accumulated depreciation-equipment account is $2,173,000. This informatic required analysis, and input
The balance in the equipment account is $4,100,000, and the balance in the accumulated depreciation-equipment account is $2,173,000. This informatic required analysis, and input your answers in the questions below. HHH Open spreadsheet a. What is the book value of the equipment? Round your answer to the nearest dollar. $ of the equipment to the periods benefiting from its use. b. Does the balance in the accumulated depreciation account mean that the equipment's loss of value is $2,173,000? , because depreciation is an allocation of the
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