Ronen Company purchased a new machine on April $1,2015$ at a cost of $$300,000.$ The machine is expected to have an eight year useful life and a $$30,000$

salvage value. Assuming Ronen uses the sums$-$of$-$years digit method for depreciation, what is the net book value of the machine as of December $31,2015?$

A$.266,250$

B$.240,000$

C$.255,000$

D$.274,688$

QUESTION $18$

Delightful Dolls has the following inventory data:

Nov, $1$ Inventory $30$ units @ $$6\mathrm{.}00$ each

$8$ Purchase $120$ units@ $$6\mathrm{.}45$ each

$17$ Purchase $60$ units @ $$6\mathrm{.}30$ each

$25$ Purchase $90$ units@$$6\mathrm{.}60$ each

A physical count of merchandise inventory on November $30$ reveals that there are $100$ units on hand. Ending inventory under LIFO periodic inventory system

is $($rounding to the nearest dollar$)$:

A$.$ $$632$

B$.$ $$1,269$

C$.$ $$657$

D$.$ $$1,295$