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

On January 1,2022, Coronado Company purchased equipment for $40200. The company is depreciating the equipment at the rate of $770 per month. The book value of the equipment at December 31,2022 is
$0.
$9240.
$30960.
$40200.
On January 1 , 2 0 2 2 , Coronado Company

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