The asset section of the January 1,20X9,balance sheet of Big Valley Company includes a machine which was acquired on January 1,20X5.The machine's original cost was $500,000,and the estimated life was 10 years.On January 1,20X5,the estimated residual value was zero and the straight-line method of depreciation was used.On January 1,20X9,the book value of the machine is ________.
A)$250,000
B)$300,000
C)$450,000
D)$500,000

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The Answer of The asset section of the January 1,20X9,balance sheet of Big Valley Company includes a machine which was acquired on January 1,20X5.The machine's original cost was $500,000,and the estimated life was 10 years.On January 1,20X5,the estimated residual value was zero and the straight-line method of depreciation was used.On January 1,20X9,the book value of the machine is ________.
A)$250,000
B)$300,000
C)$450,000
D)$500,000

The Asset Section of the January 1,20X9,balance Sheet of Big