Kansas enterprises purchased equipment for $73,500 on january 1, 2018. the equipment is expected to have a five-year life, with a residual value of $6,300 at the end of five years.
using the straight-line method, the book value at december 31, 2018 would be:
a.$53,760.
b.$60,060.
c.$58,800.
d.$67,200.
Answers: 2
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Kansas enterprises purchased equipment for $73,500 on january 1, 2018. the equipment is expected to...
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