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16. Assume that income has been erroneously measured as $10,000. The accountant had failed to depreciate a copy machine purchased for $3,000 with a useful

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16. Assume that income has been erroneously measured as $10,000. The accountant had failed to depreciate a copy machine purchased for $3,000 with a useful life of 6 years. The unexpired insurance at the end of the year has been understated by $200 Based on this information, the correct income for the year would be OA. $9,300 OB. $9,700 Oc. $10,300 OD. $10,700

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