Newman CoPurchased CNC Router Cutting and Engraving Machinery at a Cost

question 38

Multiple Choice

Newman Co.purchased CNC router cutting and engraving machinery at a cost of $320,000 in January 2019.The company's estimated useful life of this high tech equipment is 5 years, and the estimated salvage value is $48,000. Using the straight-line method, the net book value at December 31, 2021, after the third year of the machinery's life, would be:

• A)$128,000.
• B)$156,800.
• C)$163,200.
• D)$211,200.

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Definitions:

Apologize

Expressing regret or asking for forgiveness for an action or statement.

Negative Message

Communication that conveys a refusal, denial, or unwelcome news to the receiver.

Sincere Apology

An expression of regret that is genuine and heartfelt, indicating true remorse for actions or words that caused harm.

Bad News

Information that is unwelcome, disappointing, or negative, often requiring careful communication.