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A bioreactor costing $25,000 will have depreciation $5000, $3000, and $2000 for year 1, year 2, and year 3, respectively. What is the book value

A bioreactor costing $25,000 will have depreciation $5000, $3000, and $2000 for year 1, year 2, and year 3, respectively. What is the book value of the bioreactor after 3 years?

Select one:

a. $ 15,000.00

b. $ 22,000.00

c. $ 20,000.00

d. $ 23,000.00

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