mcq

In January 1, 2019, Incredible Corp purchased a new machine for $350,000. The new machine has an estimated us e of eight years and the residual value was estimated to be $25,000 Depreciation was calculated using the double-declining-balance method. To the nearest dollar, what amount should be shown in Incredible's balance sheet at December 31, 2020, net of accumulated depreciation for this machine O $153,125 $175,000 O $201.563 $196,875 Question Attempts of used WERT BUY