ACC 557 Midterm Exam 100% correct Q 25

ACC 557 
The following items are taken from the financial statements of the Postal Service for the year ending December 31, 2015:
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 6/30/16                                                                                              70,000
Prepaid insurance (12-month policy)                                                                                  6,000
Rent expense                                                                                                                 17,000
Retained earnings (1/1/15)                                                                                              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, 2015?