Refer to Table 2. The book value of the vehicle at the end of 20X5, after recording depreciation for the year using the straight-line method, is:
A. $28,000
B. $38,000
C. $36,000
D. $31,000
Answer:B
Refer to Table 2. The book value of the vehicle at the end of 20X5, after recording depreciation for the year using the straight-line method, is:
A. $28,000 B. $38,000 C. $36,000 D. $31,000