Edcon Industries acquired a piece of equipment on January 3,2010.The total cost of the equipment was $43,700.Edcon estimated that the equipment would be used for 7 years before being sold for an estimated $5,200.Assuming the use of straight-line depreciation,the carrying value of the equipment on January 2,2015 will be:

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The Answer of Edcon Industries acquired a piece of equipment on January 3,2010.The total cost of the equipment was $43,700.Edcon estimated that the equipment would be used for 7 years before being sold for an estimated $5,200.Assuming the use of straight-line depreciation,the carrying value of the equipment on January 2,2015 will be:

Edcon Industries Acquired a Piece of Equipment on January 3,2010