Question: RCES Practice Question 05 Bartlett Industries purchased a computer for $16,000 on January 1, It was estimated to have a useful life of four years,

 RCES Practice Question 05 Bartlett Industries purchased a computer for $16,000

RCES Practice Question 05 Bartlett Industries purchased a computer for $16,000 on January 1, It was estimated to have a useful life of four years, no salvage value and it was depreciated evenly over that time period. Each of the four years, it was serviced at a cost of $600. At the beginning of Year 2, lightning struck Bartlett's facility and the hard drive had to be reimaged, requiring the software to be reinstalled at a cost of $1,200. At the beginning of Year 3 additional memory was added to the machine at a cost of $2,000. The computer was retired at the end of the fourth year. Based on this information, what was the book value of the machine at the end of Year 37 04 05 06 09 RE ATIO PART Video $5,000 y Study AU $5,600 sey Shore IMTV $4,000 Some other amount

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