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On January 1, 2019, equipment was purchased for ISK 800,000. The scrap value of the equipment is estimated at ISK 20,000. for 5 years. Devices

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On January 1, 2019, equipment was purchased for ISK 800,000. The scrap value of the equipment is estimated at ISK 20,000. for 5 years. Devices are depreciated on a straight-line basis (Straight-Line Method). What is the book value of the equipment at the end of 2020? Select one alternative: 508,000 kr. 780,000 kr. 468,000 kr. 488,000 kr

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