Use the information below to answer the following questions.
Alby Ltd purchased a machine for $32,000 on 1 January 2010. The machine was expected to have a useful life of 4 years. The financial year ends on 31 December. The straight-line method of depreciation is employed.
-A machine purchased on 1 July 2010 cost $100 000 and has a zero estimated salvage value.The useful life of the machine is 5 years.What is the balance of accumulated depreciation at 30 June 2012?
A) $20 000
B) $40 000
C) $60 000
D) $80 000.

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The Answer of Use the information below to answer the following questions.
Alby Ltd purchased a machine for $32,000 on 1 January 2010. The machine was expected to have a useful life of 4 years. The financial year ends on 31 December. The straight-line method of depreciation is employed.
-A machine purchased on 1 July 2010 cost $100 000 and has a zero estimated salvage value.The useful life of the machine is 5 years.What is the balance of accumulated depreciation at 30 June 2012?
A) $20 000
B) $40 000
C) $60 000
D) $80 000.

Use the Information Below to Answer the Following Questions