Multiple Choice
On January 1, 2013, P.T. Scope Company purchased a computer system for $4,860. The company expects to use the system for 3 years. The asset has no residual value. The book value of the system at December 31, 2014 is
A) $0.
B) $1,620.
C) $3,240.
D) $4,860.
Correct Answer:
Verified
Correct Answer:
Verified
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