Use the Information Below to Answer the Following Question(s)

question 129

Multiple Choice

Use the information below to answer the following question(s) .The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:
* = "of long-term assets at historical cost"
-What is the net book value (NBV ) of the long-term assets at current cost at the end of year 4?

• A)$660,000
• B)$800,000
• C)$960,000
• D)$1,180,000
• E)$1,760,000