Maxwell Tax Planning Service Bought Communications Equipment for $10,200 on January

question 57

Multiple Choice

Maxwell Tax Planning Service bought communications equipment for $10,200 on January 1,2019.The equipment has an estimated useful life of five years and zero residual value.Maxwell uses the straight-line method to calculate depreciation and records depreciation expense in the books at the end of each month.As of June 30,2019,the balance in the Accumulated Depreciation account for this equipment is ________.

• A) $170
• B) $2,040
• C) $850
• D) $1,020

---

Definitions:

Resource-Limited Processing

A concept in cognitive psychology that suggests there is a finite amount of cognitive resources available for processing information, which limits the number of tasks we can perform simultaneously.

Vigilance Requirement

The need for sustained attention and alertness over prolonged periods to detect and respond to small or infrequent changes or signals.

Treisman's Theory

A theory proposed by Anne Treisman that emphasizes the importance of attention in perception, particularly in integrating features into cohesive objects.

Unattended Information

Information that is present in the environment but is not the focus of attention and thus is not processed deeply or remembered well.