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the balance in the equipment account is3,150,000and the balance in the accumulated depreciation -equipment account is2,075,000. what is the book value of the equipment. does

the balance in the equipment account is3,150,000and the balance in the accumulated depreciation -equipment account is2,075,000. what is the book value of the equipment. does the balance in the accumulated depreciation account mean that the equipment loss of value is 2,075,00

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