Solve the Problem. -A Printing Press Cost $47,100 and Has an Estimated Life

question 47

Multiple Choice

Solve the problem.
-A printing press cost $47,100 and has an estimated life of 11 years and a scrap value of $5,652. Find
The total depreciation at the end of 2 years using the straight-line method. Round to nearest dollar.

• A)$43,332
• B)$38,536
• C)$39,564
• D)$7,536

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