Question: FULL SCREEN PRINTER VERSION RACK NEXT Multiple Choice Question 100 On October 1, 2021, Vaughn Company places a new asset Into service. The cost of

FULL SCREEN PRINTER VERSION RACK NEXT Multiple Choice Question 100 On October 1, 2021, Vaughn Company places a new asset Into service. The cost of the asset is $119000 with an estimated 5 year life and $35000 salvage value at the end of its useful life. What is the book value of the plant asset on the December 31, 2021 balance sheet assuming that Vaughn Company uses the double dedining-balance method of depreciation? $107100 O $114999 52100 84000

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