Zoe Dental Implements has gross property, plant and equipment totaling $1.4 million, depreciation expense this year of $200,000, and accumulated depreciation of $750,000. What is the book value of Zoe's property, plant and equipment?
A) $1.4 million
B) $1.2 million
C) $550,000
D) $650,000
D
Explanation: D) Book value = $1,400,000 - $750,000 = $650,000
Business
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