Business

Josie

9 October, 06:45

Kansas Enterprises purchased equipment for $73,500 on January 1, 2018. The equipment is expected to have a five-year life, with a residual value of $6,300 at the end of five years.

Using the straight-line method, the book value at December 31, 2018 would be:

A.$53,760.

B.$60,060.

C.$58,800.

D.$67,200.

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