Question: I need proper explanation and correct answer, thanks! A machine is purchased for 50,000 with the salvage value of 2000 at the end of its

I need proper explanation and correct answer, thanks! A machine is

I need proper explanation and correct answer, thanks!

purchased for 50,000 with the salvage value of 2000 at the end

A machine is purchased for 50,000 with the salvage value of 2000 at the end of its life span of 10 years, Using 1501 declining balance method, calculate the book value of the machine at the end of year 6, Use R-1.5/10 A $18,875 B $22.345 $19.225 D $17.625

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