What net book value would be recorded in financial position statement or balance sheet at the end of Year-2?

A company purchases a non-current asset in Year 1 for $90,000. The depreciation charge is $15,000. What net book value would be recorded in financial position statement or balance sheet at the end of Year-2?

(A) $75,000
(B) $60,000
(C) $30,000
(D) $15,000

$60,000

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