Question: Question 27 Solve the problem. A drilling rig cost $52,300 and has an estimated life of 11 years and a scrap value of $4707. Find

Question 27

Solve the problem. A drilling rig cost $52,300 and has an estimated life of 11 years and a scrap value of $4707. Find the book value at the end of 4 years using the straight-line method. Round to nearest dollar.

		$17,307
		$47,973
		$34,993
		$33,282

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