6. A certain corporation purchased a machine for plastic lamination of posters for 720,000. At the end of its life of 10years, the worth of machine is only 40,500. What would be the book value of the machine at the end of the 6th year using declining balance method. a. 218,057.79 b. 128,057.79 c. 198,867.79

6. A certain corporation purchased a machine for plastic lamination of posters for 720,000. At the end of its life of 10years, the worth of machine is only 40,500. What would be the book value of the machine at the end of the 6th year using declining balance method. a. 218,057.79 b. 128,057.79 c. 198,867.79

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Aa.2
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Subject: accounting