Hershon Inc. acquires a new machine. It is comprised of 2 different identifiable components the P922 and the B14. Each of these components is expected to be overhauled at different intervals. The acquisition cost of the entire machine is as follows:

Component P922:	$198,000
Component R14:	$240,000
Total	$438,000

Component P922 is expected to have a useful life of five years and a residual value of $20,000 before the first major overhaul is required. Component R14 is expected to have a useful life of seven years and a residual value of $15,000 before its first overhaul. Assuming straight-line depreciation, what will be the net book value of component P922 at the end of year five?

Selected Answer:	$20,000
Answers:	$15,000
	$18,000
	$20,000
	$22,000