Pearson Company Bought a Machine on January 1, 2022

question 132

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 book value of the machine at the beginning of the third year would be

• A)$180,000.
• B)$150,000.
• C)$120,000.
• D)$60,000.

---

Definitions:

Biological Female

Refers to individuals whose biological sex characteristics, including chromosomes, hormones, and reproductive/sexual anatomy, align with the traditional definition of female.

Raised

To bring up or care for until maturity or to increase in amount, level, or degree.

Nature

The physical world around us, including its laws and processes.

Change

The process of becoming different, which can refer to anything from personal development to transformations within societies or environments.