Multiple Choice
On January 1,2015,Arizona Company acquired a machine for $33,000.Annual depreciation expense equals $3,000.The residual value of the machine is $3,000.What is the book value of the machine on December 31,2016?
A) $3,000
B) $27,000
C) $30,000
D) $33,000
Correct Answer:
Verified
Correct Answer:
Verified
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