Multiple Choice
Capital equipment costing $250,000 today has 50,000 salvage value at the end of 5 years. If the straight line depreciation method is used, what is the book value of the equipment at the end of two years?
A) $200,000
B) $170,000
C) $140,000
D) $50,000
Correct Answer:
Verified
Correct Answer:
Verified
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