An asset was purchased for $80,000 on January 1, Year 1, and originally estimated to have a useful life of 10 years with a residual value of $10,000. At the beginning of the third year, it was determined that the asset would be sold. Calculate the net book value at the end of year three using the straight-line method.

so what is the problem what are they asking you to solve

step-by-step explanation:

so what is the problem what are they asking you to solve

option c) graph of line going through 1, 4 and 3, 10

step-by-step explanation:

let y equal to margo's coin collection

let x equal to number of years

at the begining x=0, y=1 → point=(x,y)→point=(0,1)

she adds 3 coins per year, then y=1+3x

at x=1, y=1+3(1)=1+3→y=4→point=(x,y)→point=(1,4)

at x=3, y=1+3(3)=1+9→y=10→point=(x,y)→point=(3,10)

the graph of line going through (1, 4) and (3, 10), then the option c is the correct.

multiplication is multiplication.   it might feel harder depending on what level of math you are in, but generally it will be the same old stuff, while implementing some new concepts and methods of solving work.