Viva, Inc. bought machine X for $18,000 two years ago. The machine had no residual value and had an estimated useful life of 10 years. If the company uses the straight-line depreciation method, calculate the current book value of the machine
A) $14,400
B) $3,600
C) $19,800
D) $18,000
A .Book value of machine X
Machine X $18,000
Less: Accumulated dep. ($1,800 x 2 ) 3,600
Book value of machine X $14,400
Business
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