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

Econ Services has requested your services in determining the book values of

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. Machinery maintenance included $2,000 for general upkeep. What are the book values for Auto and Machinery, respectively?

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