Sampras Company Purchased a Machine for $30 000 on 1

question 19

Multiple Choice

Sampras Company purchased a machine for $30 000 on 1 January 2010 with an estimated life of 5 years and a residual value of zero.The straight-line method of depreciation is used.What is the carrying value of the machine on the 31 December 2011 in the balance sheet of Sampras Company?

• A)$30 000
• B)$24 000
• C)$18 000
• D)$12 000

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Definitions:

Structural Strain Theory

A sociological theory proposed by Robert K. Merton that explains deviance as the result of a discrepancy between socially approved goals and the available means to achieve those goals.

Socially Approved Goals

Objectives and aspirations that are widely accepted and valued by a society or social group.

Deviance

Behaviors or actions that violate societal norms or expectations, potentially resulting in societal judgement or sanctions.

Robert Merton's Typology

A framework developed by sociologist Robert Merton to categorize human responses to cultural goals and the means of achieving them.