Question 9\

15pts

\ An asset with a first cost of

$50,000

is to be depreciated by the straight line method over a 5-year period. The asset will have annual operating costs of

$20,000

and a salvage value of

$10,000

. According to the straight line method, what is the book value at the end of year 3 ?\ For consistent answers please enter your numerical according to the following:\ -Round your final answer\ Include the dollar figure\ -Do not include decimal or comma

An asset with a first cost of $50,000 is to be depreciated by the straight line method over a 5 -year period. The asset will have annual operating costs of $20,000 and a salvage value of $10,000. According to the straight line method, what is the book value at the end of year 3 ? For consistent answers please enter your numerical according to the following: -Round your final answer - Include the dollar figure -Do not include decimal or comma