Mason Corp

question 49

Multiple Choice

Mason Corp. has estimated that total depreciation expense for the 2020 calendar year will be $ 240,000, and that 2020 year-end bonuses to employees will be $ 480,000. In Mason's interim income statement for the six months ended June 30, 2020, what total expense relating to these two items should be reported?

• A) $ 0
• B) $ 120,000
• C) $ 360,000
• D) $ 720,000