Bombay Inc

question 38

Multiple Choice

Bombay Inc.bought new computers on January 1 for $18,000 to improve the quality of their animation.The computers have a useful life of 8 years but Bombay Inc.thinks that continuing technological developments will likely mean they will replace the computers after 4 years,at which time they will be worth $2,000.If they use straight-line depreciation,the depreciation expense for the first year will be

• A)$2,000.
• B)$2,250.
• C)$4,000.
• D)$4,500.

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Definitions:

Smoking

The act of inhaling and exhaling the smoke from burning tobacco contained in cigarettes, cigars, or pipes, a known health hazard leading to various diseases.

Accidental Poisoning

Unintentional ingestion, inhalation, or exposure to harmful substances, leading to toxic effects on the body.

Water Temperature

A measure of how hot or cold water is. It is crucial in various contexts, including environmental studies, aquatic life, and human activities.

Flushing

The reddening of the skin, typically over the face or neck, caused by increased blood flow to the area.