Question

A machine costs 30000 and it is estimated that it will be used for for 6...

A machine costs 30000 and it is estimated that it will be used for for 6 years.The estimated salvage value is 6,000 for this purchase. If the straight line depreciation is used, what will the remaining book value balance at the end of year 4? (Note: Find Bn remaining balance after calculating the annual deprecation allowance)

Select one:

a. 8000

b. 16000

c. 11000

d. 14400

e. 10000

f. 14000

Homework Answers

Answer #1

Book value at the end of year 4 after calculating annual depreciation allowance = 14,000

Option : f is correct.

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