LONG TERM ASSET

ASSET: ASSEMBLY EQUIPMENT

ASSET COST $$15,000$

ACCUMULATED DEPRECIATION $$2,500$

PREPAID INSURANCE $$500$

MAINTENANCE COSTS $$1,500$

BOOK VALUE $

Based on the information shown here, which of the following is the book value of the assembly equipment?

$$10,500$

$$12,500$

$$12,000$

$$13,500$