Multiple Choice
A machine was purchased for $50,000.It has a current carrying value of $32,500 and had a depreciable cost of $45,000.Its estimated residual value must have been
A) $5,000.
B) $12,500.
C) $17,500.
D) impossible to determine from the facts given.
Correct Answer:
Verified
Correct Answer:
Verified
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