Multiple Choice
On January 1, 2022, M.Johanson Company purchased equipment for $54,000.The company is depreciating the equipment at the rate of $750 per month.The book value of the equipment at December 31, 2022 is:
A) $0.
B) $9,000.
C) $45,000.
D) $54,000.
Correct Answer:
Verified
Correct Answer:
Verified
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