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Im having difficulties with this accounting problems. ...

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Accounting

Im having difficulties with this accounting problems. image
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n January 1, 2018, Sanderson, Inc. acquired a machine for $1,140,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $112,000. What is the book value of the machine at the end of 2019 if the company uses the straight- line method of depreciation? A. $728,800 O B. $816,800 O C. $683,996 O D. $684,000

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