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Sampras company purchased a machine for $30 000 on 1 January 2010 with an estimated life of 5 years and a residual value of zero.
Sampras company purchased a machine for $30 000 on 1 January 2010 with an estimated life of 5 years and a residual value of zero. The straight-line method of depreciation is used. What is the carrying value of the machine on the 31 December 2011 in the balance sheet of sampras company? Select one: a. 530 000 b. 524 000 C518 OOO d. 512 000
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
