Shire Co. has $3,000 of equipment and accumulated depreciation of $500 associated with that equipment....
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Accounting
Shire Co. has $3,000 of equipment and accumulated depreciation of $500 associated with that equipment. What is the current book value of Shire Co.'s equipment?
During the year, Shire Co. records $250 of depreciation expense for its equipment. What is the new book value of Shire Co.'s equipment?
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