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vacation property rentals purchased 50 television sets for their rental units at a cost of $250 per television. the televisions have an estimated life of 5 years and a salvage value of $40 per set. what is the book value of all of the televisions at the end of the fifth year?

$1,700
$1,500
$2,000

Option C) 2000

Step-by-step explanation:

Given that vacation Property Rentals purchased 50 television sets for their rental units at a cost of $250 per television.

The televisions have an estimated life of 5 years and a salvage value of $40 per set.

Cost of tV / set =                   250 $

Less: Salvage value                40$

Net cost /set                          210$

Salvage value for all 50 sets

Out of three options given we find that option C is right answer