After 4 years,a machine had an accumulated depreciation of $38,000.Originally,the machine had an anticipated life of 8 years and a salvage value of $5,000.If the current book value after 4 years is $43,000 and the machine has only 2 years of useable life left,how much will be depreciated in Year 5 and in Year 6 using the straight-line method of depreciation,and assuming the salvage value is still $5,000?
A) $21,500 each year
B) $9,500 each year
C) $19,000 each year
D) $10,125 each year
Correct Answer:
Verified
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