On January 1,2018,Dunbar Echo Co

question 298

Multiple Choice

On January 1,2018,Dunbar Echo Co.sells a machine for $46,000.The machine was originally purchased on January 1,2016 for $80,000.The machine was estimated to have a useful life of 5 years and a residual value of $0.Dunbar Echo uses straight-line depreciation.In recording this transaction:

• A)a loss of $2,000 would be recorded.
• B)a gain of $2,000 would be recorded.
• C)a loss of $34,000 would be recorded.
• D)a gain of $46,000 would be recorded.

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Definitions:

Wake Words

Specific words or phrases programmed in voice-activated systems to awaken and trigger the system to listen and respond to commands.

Voice-Training

The process of teaching or adapting speech recognition systems to better understand and respond to a user’s voice or the process of improving one's vocal skills.

Alexa Device

A brand of smart speakers developed by Amazon, designed to respond to voice commands and perform a variety of functions through the Alexa virtual assistant.

Company Logo

A graphic mark, emblem, or symbol used by companies for brand identity and recognition.