On January 1, 2022, Metlock, Inc. purchased equipment for $48600. The company is depreciating the equipment...

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On January 1, 2022, Metlock, Inc. purchased equipment for $48600. The company is depreciating the equipment at the rate of $680 per month. The book value of the equipment at December 31, 2022 is: O $8160. O $48600. O $40440. O $0. On January 1, 2022, Metlock, Inc. purchased equipment for $48600. The company is depreciating the equipment at the rate of $680 per month. The book value of the equipment at December 31, 2022 is: O $8160. O $48600. O $40440. O $0.

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