Question: Question 3 8 0 . 2 5 Points Laker Bakery purchased an oven for $ 2 1 , 0 0 0 on January 1 ,

Question 38
0.25 Points
Laker Bakery purchased an oven for $21,000 on January 1,2023. Laker Bakery believes it will be able to sell the oven for $1,000 at the end of its ten-year useful life. As of December 31,2023, the oven's book value will be
A. $21,000
$20,000
$19,000
$18,000
Question 38 0.25 Points Laker Bakery purchased an oven for $21,000

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