A machine that costs $90,000 has a useful life of 5 years. The salvage value is $20,000.
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Question:
A machine that costs $90,000 has a useful life of 5 years. The salvage value is $20,000. What is the book value at the end of the 4th year using straight line depreciation?
A) $34,000
B) $36,000
C) $38,000
D) $44,000
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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