Pearson Company Bought a Machine on January 1, 2022

question 154

Multiple Choice

Pearson Company bought a machine on January 1, 2022.The machine cost $180,000 and had an expected salvage value of $30,000.The life of the machine was estimated to be 5 years.The depreciable cost of the machine is

• A)$180,000.
• B)$150,000.
• C)$50,000.
• D)$30,000.