A company purchased new computers at a cost of $14,000 on January 2, 2018.  The company calculated straight-line depreciation to be $3,000 per year.  What is the book value of the computers at December 31, 2020 A. $14,000 B. $9,000 C. $5,000 D. $3,000

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Chapter11: Long-term Assets
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Problem 8PA: Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the...
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A company purchased new computers at a cost of $14,000 on January 2, 2018.  The company calculated straight-line depreciation to be $3,000 per year.  What is the book value of the computers at December 31, 2020

A. $14,000
B. $9,000
C. $5,000
D. $3,000

 

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