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PES Four years ago. Sunstone Co. paid cash for a new machine that cost $30,000. Two years ago, the firm spent $5.000 on repairs and
PES Four years ago. Sunstone Co. paid cash for a new machine that cost $30,000. Two years ago, the firm spent $5.000 on repairs and modifications to the machine. The machine is now fully depreciated and has just sat idly in a back comer of the shop for the past 12 months. The estimated value of the machine today is $10,000. The firm is considering using this machine in a new project. If it does so, what value should be assigned to this machine and included in the initial costs of the project O $30,000 55,000 $0 $10.000 PES Four years ago. Sunstone Co. paid cash for a new machine that cost $30,000. Two years ago, the firm spent $5.000 on repairs and modifications to the machine. The machine is now fully depreciated and has just sat idly in a back comer of the shop for the past 12 months. The estimated value of the machine today is $10,000. The firm is considering using this machine in a new project. If it does so, what value should be assigned to this machine and included in the initial costs of the project O $30,000 55,000 $0 $10.000
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