Multiple Choice
On January 1, 2015, Superfuzz Company purchased equipment for $40,000. The company is depreciating the equipment at the rate of $800 per month. The book value of the equipment at December 31, 2015 is
A) $0.
B) $9,600.
C) $30,400.
D) $40,000.
Correct Answer:
Verified
Correct Answer:
Verified
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