A Machine Costing $57,000 with a 6-Year Life and $54,000

question 140

Multiple Choice

A machine costing $57,000 with a 6-year life and $54,000 depreciable cost was purchased January 1. Compute the yearly depreciation expense using straight-line depreciation.

• A) $9,500
• B) $9,000
• C) $10,800
• D) $11,400

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