A Machine Costing $5000 Is Estimated to Have a Useful

question 21

Multiple Choice

A machine costing $5000 is estimated to have a useful lifetime of 5 years and a scrap value of $500.It is expected to run for 20,000 hours.You are given that the actual production hours in the first three years are: 5000 in year 1,4400 in year 2,and 4000 in year 3.What is the book value of this machine at the end of three years?

• A)$3015
• B)$1985
• C)$1650
• D)$1485

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Definitions:

Person-centered Therapy

A form of psychotherapy developed by Carl Rogers focusing on providing a supportive environment where clients can discover their true self.

Person-centered Therapist

A therapist who practices Person-Centered Therapy, focusing on creating a supportive environment in which clients can discover their own solutions.

Defenses

In psychology, mechanisms unconsciously employed by the ego to protect oneself from anxiety and the realization of unwanted thoughts and feelings.

Self-concept

An individual's comprehension of their personality traits, physical characteristics, abilities, values, and their unique identity.