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Viva Company Bought Machine X for $18,000 Two Years Ago

Question 155

Multiple Choice

Viva Company bought machine X for $18,000 two 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) $14,400
B) $3,600
C) $19,800
D) $18,000

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