X Company had the following selected accounts on December 31, 2020: Accumulated depreciation: Equipment $35,000 Accumulated depreciation: Land improvement 4,000 Accumulated depreciation: Building 108,000 Building 468,000 Equipment 560,000 Equipment no longer in use and held for sale 17,000 Land 745,000 Land held for speculation 254,000 Land improvements 158,000 Refer to the above: Equipment had a book value of $-------- on December 31, 2020? $1,085,000 $577,000 $525,000 None of the above 7 8 b 210 STEMIC O