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please solve this problem and explain step by step as to how you got the...

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Accounting

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please solve this problem and explain step by step as to how you got the answer.
AaBoCCL bccL 1 No Spac... Heading 1 Heading 2 Title Subtitle U abe x, x' Aay.A. 1 Normal Font F Paragraph Styles 24. The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2020: Accounts payable $ 18,000 Accounts receivable 11,000 Accumulated depreciation - equipment 28,000 Advertising expense 21,000 Cash 15,000 Common stock 42,000 Dividends 14,000 Depreciation expense 12,000 Equipment 210,000 Insurance expense 3,000 Note payable, due 6/30/21 70,000 Prepaid insurance (12-month policy) 6,000 Rent expense 17,000 Retained earnings (1/1/20) 60,000 Salaries and wages expense 32,000 Service revenue 133,000 Supplies 4,000 Supplies expense 6,000 What is the book value of the equipment at December 31, 2020? a. $170,000 b. $182,000 c. $210,000 d. $238,000 to search o BA

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