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a. 12,600 b. 14,000 c. 5,600 d. 11,200 On January 1, Year 1, Ballard company purchased a machine for $28,000. On January 1, Year 2,

image text in transcribed
a. 12,600
b. 14,000
c. 5,600
d. 11,200
On January 1, Year 1, Ballard company purchased a machine for $28,000. On January 1, Year 2, the company spent $7,000 to improve its quality. The machine had a $2,800 salvage value and a 6-year life, which are unchanged. Ballard uses the straight-line method. What is the book value of the machine on December 31, Year 4

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