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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Definitions:

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for physical activity and is often referred to as the fight-or-flight response system.

Fight-or-Flight

A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival, prompting either aggressive resistance or escape.

CNS

The central nervous system, consisting of the brain and spinal cord, responsible for processing and transmitting information throughout the body.

Calm

A state of peace and tranquility, with an absence of stress, agitation, or excitement.