Exhibit 11-2 Bryan Purchased a Business Computer for $4, 500

question 63

Multiple Choice

Exhibit 11-2 Bryan purchased a business computer for $4, 500 on August 3, 2010.It has an estimated residual value of $500 and an expected service life of five years.Bryan uses double-declining-balance depreciation computed to the nearest whole month.
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Refer to Exhibit 11-2.Depreciation expense for 2010 was

• A)$ 600
• B)$ 667
• C)$ 750
• D)$1, 500

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