ortizprecious6156 ortizprecious6156

03-06-2023
Business

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A machine with a cost of $35,000 has an estimated residual value of $1,000 and an estimated life of 5 years or 12,000 hours. After year 1, what is the net book value of the machine?
A) 21,000
B) 12,600
C) 14,000 D) 11,600

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