estimated residual value was $5,000 at the end of an estimated year life. The company expects to produce a total of 20.000 Jacobs Company purchased a machine on January 1, 2019 The cost of the machine was $17.000 units. The company produced 2500 in 2019. 3.000 units in 2020, and 10,000 units in 2021 The company will record the following entry every year: Dr. Depreciation Expense 4.000 Cr. Accumulated Deprecation $4,000 What is the netbook value of the machine at the end of 20207 b. 58000 d. $13,000