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Four years ago, Jabroni Co . paid cash for a new machine that cost $ 5 0 , 0 0 0 . Two years ago,

Four years ago, Jabroni Co. paid cash for a new machine that cost $50,000. Two years ago, the firm spent $6,000 on repairs and modifications to the machine. The machine is now fully depreciated and has just sat idly in a back corner of the shop for the past 12 months. The estimated value of the machine today is $10,000. The firm is considering using this machine in a new project. If it does so, what value should be assigned to this machine and included in the initial costs of the project?
$0
$50,000
$10,000
$6,000

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