A Construction Company Purchased a New Bulldozer for $90,000 on January

question 25

Multiple Choice

A construction company purchased a new bulldozer for $90,000 on January 1,2011.The company estimates that the bulldozer will have a useful life of nine years and then be worthless.Using the straight-line depreciation method,yearly depreciation expense will be:

• A)$0.
• B)$10,000.
• C)$45,000.
• D)$90,000.