Computer Equipment Was Acquired at the Beginning of the Year

question 164

Multiple Choice

Computer equipment was acquired at the beginning of the year at a cost of $65,000 that has an estimated residual value of $3,800 and an estimated useful life of 8 years. What is the annual straight-line depreciation for the equipment?

• A) $7,650
• B) $8,125
• C) $13,000
• D) $12,250

---

Definitions:

Hypothesis

A proposition to be tested.

Concept of Reciprocity

The social norm of responding to a positive action with another positive action, fostering mutual benefit and cooperation among individuals or groups.

Reciprocity

A mutual exchange of actions, goods, or services, often reflecting a balance in giving and receiving between individuals or groups.

Homicide

The act of killing another person, whether lawfully or unlawfully.