Multiple Choice
Maxine,Inc.bought a machine on January 1,2012 for $48,000.The machine is expected to last for 8 years,after which it will be worthless.What is the book value of the machine on Maxine's balance sheet at December 31,2012?
A) $48,000
B) $44,000
C) $6,000
D) $42,000
Correct Answer:
Verified
Correct Answer:
Verified
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