A Company Purchased a Machine Valued at $66,000

question 105

Multiple Choice

A company purchased a machine valued at $66,000.It traded in an old (similar) machine for a $9,000 trade-in allowance,meaning the company paid $57,000 cash with the trade-in.The old machine cost $44,000 and had accumulated depreciation of $36,000.What is the recorded value of the new machine?

• A)$8,000
• B)$9,000
• C)$57,000
• D)$65,000
• E)$66,000

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Definitions:

Head Position

The orientation or angle of the head in relation to the body, which can affect breathing, swallowing, and posture.

Legs Position

The arrangement or posture of the legs, which can impact comfort, blood flow, or body alignment.

Personal Injury

Physical or emotional harm to an individual resulting from someone else's negligence or wrongful act.

Orthopedic Rehabilitation

A therapy or program designed to help patients recover function after orthopedic surgery or injuries, focusing on strength, mobility, and pain relief.