Caterpillers Inc

question 111

Multiple Choice

Caterpillers Inc., a manufacturing company, acquired equipment on January 1, 2012 for $500,000. Estimated useful life of the equipment was 7 years and the estimated residual value was $10,000. On January 1, 2015, after using the equipment for 3 years, the total estimated useful life has been revised to 9 years. Residual value remains unchanged. The company uses the straight-line method of depreciation. Calculate depreciation expense for the year 2015.

• A)$48,333
• B)$46,666
• C)$26,666
• D)$33,333

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Definitions:

Effectiveness Of Therapy

The extent to which a specific intervention, procedure, regimen, or service produces a beneficial result under usual conditions.

Client-Centred Therapy

A psychological approach developed by Carl Rogers that emphasizes an empathetic and non-judgmental therapeutic environment to facilitate a client's self-discovery and self-acceptance.

Psychoanalysis

A psychological theory and therapy technique that explores unconscious motivations and conflicts.

Professional Training

Professional Training involves educational activities focused on acquiring skills and knowledge necessary for a particular profession.