Multiple Choice
Avatar,Inc.bought a machine on January 1,2011 for $96,000.The machine is expected to last for 8 years,after which it will be worthless.What is the book value of the machine on Avatar's balance sheet at December 31,2012?
A) $96,000
B) $84,000
C) $72,000
D) $24,000
Correct Answer:
Verified
Correct Answer:
Verified
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