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Soaps purchased a machine on January 1, 2013, for $18,000 cash. The machine has an estimated useful life of four years and a salvage value

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Soaps purchased a machine on January 1, 2013, for $18,000 cash. The machine has an estimated useful life of four years and a salvage value of$4,700 Lexuses the dolled clining balance method of 2 ,0S depreciation for all its assets. What will be the machine's book valuc as of December 31,2014? a. $5,100 b. $4,700 14Lex % c. $4,500 d. $4,300

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