If a company purchases a machine for $65,000 with a 10 year life and $500 salvage value, using straight-line depreciation method the accumulated depreciation balance for year 3 would be? A) $19,500 B) $6,450 C) $6,500 D) $19,350 Question 33 (1 point) Hierarchy of Accounting Qualities A) Comparability B) All the choices are correct C) Relevance and Reliability D) Benefit is greater than cost Question 34 (1 point) Depreciating an asset requires an accountant to determine the salvage value as well as