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A machine was purchased for $1.000.000 on January 1 2015 and was expected to have a useful life of ten years After 3 years, management revised their expectations of the remaining useful life to 20 years. The business depreciates machines using the straight line method. What is the carrying value of the machine at December 31, 20192 Select one: 9. $630.000 b. $500.000 O c. $600.000 d. $750,000 The net income earned by a business in the year.ended December 2004 was $10.600. Equity at January 2004 WOS $183 400 and at 31 December 2004 equity was 3691900 The proprietor Took merchandise sostine 2.800 personal use during the year. He also witharewaregular amoun of cash to cover sving expenses What is the amount of cash drawings for the year Select one 12 500 2400