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Business, 21.12.2019 04:31 trent1002brown

Digger enterprises purchased equipment for $64,000. in addition, shipping charges of $800 were incurred to obtain the equipment. the company paid $5,000 to construct a foundation and install the equipment. the equipment is estimated to have a residual value of $6,000 at the end of its 5-year useful life. using the straight-line method, what is the book value of the equipment at the end of the third full year of use?
a. $22,120
b. $28,400
c. $31,520
d. $25,520

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