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QUESTION 2 On 1/1/17, Solie bought a dump truck for $84,000. It has a $3,300 salvage value and a 5 year useful life. Under straight-line,

QUESTION 2

  1. On 1/1/17, Solie bought a dump truck for $84,000. It has a $3,300 salvage value and a 5 year useful life. Under straight-line, the 12/31/17 book value is:

    A.

    $68,200.

    B.

    $67,860.

    C.

    $64,560.

    D.

    $63,900.

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