Answer:
$9,000
Step-by-step explanation:
The result is the Net Book Value (NBV) as the time when the photocopier is discarded. The formula for calculating the NBV is given as follows:
NBV = Cost of equipment - Accumulated depreciation
Since;
Photocopier cost = $102 comma 000 = $102,000
Accumulated depreciation = $ 93 comma 000 = $93,000
Therefore, the NBV for the photocopier can be obtained as using the NBV formula above as follows:
NBV = $102,000 - $93,000
= $9,000
If the business just discard the photocopier without selling at a price as at the time of discard, the business has lost a total of $9,000 which is the NBV of the photocopier.