Question: On January 1 , 2 0 1 8 , Superfuzz Company purchased equipment for $ 4 0 , 0 0 0 . The company is

On January 1,2018, Superfuzz Company purchased equipment for $40,000. The company is
depreciating the equipment at the rate of $800 per month. The book value of the
equipment at December 31,2018 is
$0.
$9,600.
$30,400.
$40,000.
On January 1,2018, Superfuzz Company purchased equipment for $40,000. The company

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