Business, 05.05.2020 04:00 natalieburnett82
Sargent Corporation bought equipment on January 1, 2019. The equipment cost $360,000 and had an expected salvage value of $60,000. The life of the equipment was estimated to be 6 years. Assuming straight-line deprecation, the book value of the equipment at the beginning of the third year would be:
A. $360,000.
B. $150,000.
C. $260,000.
D. $100,000.
Answers: 1
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