Calculate the net book value at the end of the third year

Reference no: EM132079903

Question: A three-year-old machine that has a cost of $31,000, an estimated residual value of $1,000, and an estimated useful life of five years. The company uses straight-line depreciation. Calculate the net book value at the end of the third year. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132079903

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