Use the Following Information for Questions 47-49

question 7

Multiple Choice

Use the following information for questions 47-49.
On January 1, 2017, Bronson Co. purchased some equipment that initially cost $52,800. Additional costs included freight costs $300, non-refundable taxes $6,400, and installation $500. Estimated residual value is $2,000. The company uses a straight-line rate of 10%.
-Depreciation expense for 2017 was

• A) $6,130.
• B) $5,900.
• C) $5,800.
• D) $5,930.

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Definitions:

Environmental Issues

Problems related to the degradation of the Earth's ecosystems, including pollution, climate change, deforestation, loss of biodiversity, and other detrimental impacts on the natural environment.

Kyoto Protocol

An international treaty that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is occurring and that human-made CO2 emissions are a significant cause.

Global Greenhouse Gas Emissions

The total emissions of greenhouse gases worldwide, contributing to global warming and climate change.