Martin Company Purchases a Machine at the Beginning of the Year

question 18

Multiple Choice

Martin Company purchases a machine at the beginning of the year at a cost of $60,000.The machine is depreciated using the double-declining-balance method.The machine's useful life is estimated to be 4 years with a $5,000 salvage value.The machine's book value at the end of year 3 is:

• A)$30,000.
• B)$45,000.
• C)$52,500.
• D)$7,500.
• E)$6,875.

---

Definitions:

Expulsion

Is the forcible removal of a population from a territory claimed by another population.

Conquest

The act of conquering or taking control over a place or people, usually through military force.

Racism

Is the belief that a visible characteristic of a group, such as skin colour, indicates group inferiority and justifies discrimination.

Idle No More

A Canadian grassroots movement initiated by Indigenous activists in 2012, aimed at protecting Indigenous treaty rights, improving the environment, and promoting indigenous sovereignty.