Purrfect Pets Has a Facility That Originally Cost $375,000

Multiple Choice

Purrfect Pets has a facility that originally cost $375,000.The balance of the accumulated depreciation account for the facility is $258,000.The company expects to be able to sell the facility for $107,000 at the end of its useful life.The residual value of the facility is:

A) $117,000.
B) $151,000.
C) $268,000.
D) $107,000