Using the Straight-Line Method, What Is the Depreciation Expense for a Computer

question 63

Multiple Choice

Using the straight-line method, what is the depreciation expense for a computer that cost $4,500, has a residual value of $700, and has a life of four years?

• A)$1,125
• B)$950
• C)$1,300
• D)$1,950
• E)None of these

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