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What is the correct answer to this? On January 1,2025 , Windsor, Inc. purchased equipment for $44640. The company is depreciating the equipment at the

image text in transcribedWhat is the correct answer to this?

On January 1,2025 , Windsor, Inc. purchased equipment for $44640. The company is depreciating the equipment at the rate of $620 per month. The book value of the equipment at December 31,2025 is: $37200. $44640. $0. $7440

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