What would the book value be at the end of year 6 for a piece of equipment using the straight-line method when cost is $8,000, residual value is $1,400, and the expected life is 11 years? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

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The Answer of What would the book value be at the end of year 6 for a piece of equipment using the straight-line method when cost is $8,000, residual value is $1,400, and the expected life is 11 years? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

What Would the Book Value Be at the End of Year