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

Question

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

Quizplus · Accepted Answer

The Answer of 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

Econ Services Has Requested Your Services in Determining the Book