Question $27(1$ point$)$

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A company disposed of a machine and recorded a loss of $$40,000.$ The machine had a useful life of $20$ years and was originally purchased for $$440,000.$

What was the net book value of the machine at the time of the disposal?

$33$

$$480,000$

$$440,000$

$$400,000$

$$0$

$$40,000$