Pearson Company Bought a Machine on January 1, 2022

question 216

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 depreciation expense using the straight-line method of depreciation is

• A)$50,000.
• B)$36,000.
• C)$30,000.
• D)none of these answer choices are correct.

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Definitions:

Central America

Central America is a geographic region in the Americas bordered by Mexico to the north, Colombia to the southeast, the Caribbean Sea to the east, and the Pacific Ocean to the west, comprising seven countries.

Histamine

A compound released by cells in response to injury and in allergic and inflammatory reactions, causing contraction of smooth muscle and dilation of capillaries.

Localized

Restricted to a specific area or part of the body.

Numbness

A loss of sensation or feeling in a part of the body, often indicating an underlying medical condition or nerve damage.