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  2. Topic
    Business
  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 9: Reporting and Interpreting Long-Lived Tangible and Intangible Assets
  5. Question
    Use the Information Above to Answer the Following Question
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Use the Information Above to Answer the Following Question

Question 186

Question 186

Multiple Choice

Use the information above to answer the following question.Using the straight-line method,what is the book value of the equipment at the end of the third full year of use?


A) $31,520
B) $22,120
C) $28,400
D) $25,520

Correct Answer:

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