146. Alabama Company purchased a machine on January 1, 2016 for $26,000 cash. The machine has an estimated useful life of 4 years and a $6,000 salvage value. What would be the book (carrying) value of...

146. Alabama Company purchased a machine on January 1, 2016 for $26,000 cash. The machine has an estimated useful life of 4 years and a $6,000 salvage value. What would be the book (carrying) value of the machine reported on Alabama’s December 31, 2016 balance sheet?

A. $26,000
B. $19,500
C. $21,000
D. $15,000