Multiple Choice
Assume Lloyd uses the units-of-output method and that the machine was in operation for 1,000 hours in 2009 and 1,800 hours in 2010. The book value of the machine at December 31, 2010 is:
A) $48,100.
B) $58,100.
C) $25,900.
D) Some other amount.
Correct Answer:
Verified
Correct Answer:
Verified
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