Find the Book Value After the Given Number of Years

question 60

Multiple Choice

Find the book value after the given number of years, using the straight-line method. Round your answer to the nearest dollar.
-Find the book value at the end of 4 years.
Cost: $39,000
Estimated life: 9 years
Estimated scrap value: $5,100

• A)$15,067
• B)$23,933
• C)$31,467
• D)$21,667

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