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Viva Ltd Had Bought Machine X for $15,900 2 Years

Question 11

Multiple Choice

Viva Ltd had bought machine X for $15,900 2 years ago.The machine had no residual value and had an estimated useful life of 10 years.If the company uses the straight-line depreciation method,calculate the current book value of the machine.


A) $12,720
B) $19,080
C) $3180
D) $15,900

Correct Answer:

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