Use the Following Information for Questions

question 48

Multiple Choice

Use the following information for questions
On January 1, 2022, Anvil Corp.purchased equipment for $60,000.It was expected to last 5 years, after which it will be sold for $5,000.It is expected to be used for a total of 10,000 machine hours, and was used for 750 hours during the year ended December 31, 2022.
-The depreciation expense for 2022 using the straight-line method will be

• A)$4,125.
• B)$11,000.
• C)$12,000.
• D)$12,250.