Why is the term $$net book value$$ in the fixed asset ledger considered to be useful to the preparer and the user?

Multiple Choice

It tells the accountant the amount the asset could be sold at today

It tells the accountant how much was originally paid for the fixed asset

It tells the accountant the depreciation period the assets will be depreciated over

It tells the accountant the remaining value of the fixed asset as it is the difference between historical cost and total depreciation to date