9 January 1 20×4 Calendar Year Company Purchases Machine Cost 5 000 Salvage Value 1 000 Us Q17775564

9. On January 1, 20X4, your calendar year company purchases amachine with a cost of $5,000, a salvage value of $1,000 and auseful life of 4 years. On December 31, 20X6, AccumulatedDepreciation will show a balance of:
A. $3,000
B. $4,000
C. $1,000
D. $2,000
 
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