Multiple Choice
Los Angeles Company acquired a machine for $33,000.At the beginning of the current year, the machine had accumulated depreciation of $12,000.Annual depreciation expense totaled $3,000.The book value of the machine at the end of the year equals_____.
A) $18,000
B) $21,000
C) $24,000
D) $33,000
Correct Answer:
Verified
Correct Answer:
Verified
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