The Following Extract Was Taken from the Worksheet of Kelly

question 57

Multiple Choice

The following extract was taken from the worksheet of Kelly Bakers for the year 2016. Kelly takers
Worksheet
December 31, 2016 For the above information,determine the amount of Depreciation Expense for the equipment used in the business.

• A)$9,200
• B)$2,300
• C)$6,800
• D)$1,000

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Definitions:

Wingspan

The measure of distance from one wingtip of an animal or aircraft to the other; in business, it can metaphorically refer to the reach or spread of a company's influence.

Altitudes

The height of an object or point in relation to sea level or ground level.

GEO

Short for Geostationary Earth Orbit, a circular orbit 35,786 kilometers above the Earth's equator where a satellite's orbital period matches the Earth's rotation, appearing stationary to an observer on Earth.

LEO

Stands for Low Earth Orbit, a satellite's orbit relatively close to Earth's surface, typically at altitudes less than 2,000 kilometers, used for telecommunications, military, and observation purposes.