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You own some equipment that you purchased 3 years ago at a cost of $200,000. The equipment is 5-year property for straight-line depreciation. You are

You own some equipment that you purchased 3 years ago at a cost of $200,000. The equipment is 5-year property for straight-line depreciation. You are considering selling the equipment today for $87,000. What is the book value of the equipment today?

		$200,000
		$160,000
		$120,000
		$80,000
		$40,000
		zero

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