5 Practice Checkpoint #3 DO Question 4 of 12 Kuhic Corporation has a 12/31 year-end. On July 1, 2013, Kuhic purchases a new machine for $100,000. Kuhic estimates the value of $11,200 and a useful life of 5 years. The following depreciation schedule has been produced by Kuhic's corporate ac Year Depreciable 2013 Base $88,800 2014 $88,800 2015 $88,800 2016 $88,800 2017 $88,800 Useful Life (in Years) 4 4 4 4 4 Fraction of Year 1/2 1 1 1 1/2 Annual Depreciation Expense $11,100 $22,200 $22,200 $22,200 $11,100 Accumulated Depreciation (End of Period) What will be the net book value of the machine on Kuhic's Balance Sheet at the end of 2016? $ OCT 16 $11,100 $33,300 $55,500 $77,700 $88,800 O 22,300 O 100 X

Kuhic Corporation has a 12/31 year-end. On July 1,2013, Kuhic purchases a new machine for $100,000. Kuhic estimates the value of $11,200 and a useful life of 5 years. The following depreciation schedule has been produced by Kuhic's corporate ac What will be the net book value of the machine on Kuhic's Balance Sheet at the end of 2016 ? \$