Question: Econ Services has requested your services in determining the book values of the following assets, respectively. Historical Accumulated Costs Amortization Auto $20,000 $15,000 Machinery 150,000

of the following assets, respectively. Historical Accumulated Costs Amortization Auto $20,000 $15,000

Machinery 150,000 95,000 General repairs and maintenance for the automobile amounted to

$4,000. Machinen maintenance included $2,000 for general upkeep. What are the book

Econ Services has requested your services in determining the book values of the following assets, respectively. Historical Accumulated Costs Amortization Auto $20,000 $15,000 Machinery 150,000 95,000 General repairs and maintenance for the automobile amounted to $4,000. Machinen maintenance included $2,000 for general upkeep. What are the book values for Auto and Machinery, respectively?

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