Business, 02.07.2020 22:01, zeesharpe05

Spencer Company purchased a tractor at a cost of $360,000 on January 1, 2019. The tractor has an estimated salvage value of $60,000 and an estimated life of 8 years. If Spencer uses the straight-line method, what is the book value at January 1, 2023

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Spencer Company purchased a tractor at a cost of $360,000 on January 1, 2019. The tractor has an est...