Short supply an accountant most likely

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Reference no: EM13837733

If a machine cost $50,000 initially and is expected to last for 20 years but is worth $60,000 after one year because it is in short supply, an accountant most likely would say that:

the machine's cost for each of its 20 years of existence is $3,000.

the value of the machine will continue to increase 20 percent per year for the next 20 years.

the machine's cost for each of its 20 years of existence is $2,500.

during the first year the machine had no cost; it provided a revenue to the firm.

Reference no: EM13837733

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