Econ Services has requested your services in determining the book values of the following assets,respectively.
General repairs and maintenance for the automobile amounted to $4,000.Machinery maintenance included $2,000 for general upkeep.
What are the book values for Auto and Machinery,respectively?
A) $5,000;$55,000
B) $9,000;$57,000
C) $20,000;$150,000
D) $35,000;$245,000
E) $1,000;$53,000
Correct Answer:
Verified
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