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Bloviat Industries purchased a new machine on March 31, 2021 for $14,000. This machine is expected to operate for 6 years after which it will
Bloviat Industries purchased a new machine on March 31, 2021 for $14,000. This machine is expected to operate for 6 years after which it will be sold for salvage value (estimated to be $2000). It depreciates this asset under the straight-line method. Bloviat has a 12/31 fiscal year-end. What is the net book value of the machine going to be on 12/31/2022? (hint: pay attention to dates). Do not use a $ or comma when entering your answer, just type the number
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