What is the carrying value of the machine

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Sampras Company purchased a machine for $30 000 on 1 January 2007 with an estimated life of 5 years and a residual value of zero. The straight-line method of depreciation is used. What is the carrying value of the machine on the 31 December 2008 in the balance sheet of Sampras Company?

Reference no: EM13143838

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