Koger Supermarkets use scanning machines to ring-up customer purchases. Koger bought machine # 25624 on April1, 2006 for $2,000. This machine is expected to last five years and has a salvage value of $100.
Assuming the Koger uses straight-line depreciation, what is the net book value for machine #25624 on March 31, 2008?
Net book value = $ _______