Y BYU Independent... Question 20 Grades for Macayi Concord Corporation bought equipment on January 1, 2017. The equipment cost $390,000 and had an expected salvage value of $70,000. The life of the equipment was estimated to be 5 years. RAM Colorad The book value of the equipment at the beginning of the third year would be 3 pts $320,000 $128.000 $262,000 $390.000 Question 21