Henry-K Company Purchased a Computer System for $3,600 on January

question 183

Multiple Choice

Henry-K Company purchased a computer system for $3,600 on January 1, 2014. The company expects to use the computer system for 3 years. It has no residual value. Monthly depreciation expense on the asset is

• A) $0.
• B) $100.
• C) $1,200.
• D) $3,600.

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