Question: I recalculated the answer again, and it is 64796. How the correct answer is 46500? Marco Itd . purchased a machine on January 1 ,

I recalculated the answer again, and it is 64796. How the

I recalculated the answer again, and it is 64796. How the correct answer is 46500?

correct answer is 46500? Marco Itd . purchased a machine on January

Marco Itd . purchased a machine on January 1 , 20 * 4 for $2459 96 with an estimated useful life of 7 years and an estimated residual value of $33214 . The company disposed of the machine on January 1 , 20 * 8 for $1 10535 . What amount should the gain to be recognized on disposal be ? Assume the double declining balance method of depreciation is used . Select one : @ a. $46500 -\\ 6. $38862 X O C . $55146 O d. $64796 Your answer is incorrect . The correct answer is : $46500

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