Hudson Landscaping Service Bought Equipment for $10,800 on January 1,2019

question 67

Multiple Choice

Hudson Landscaping Service bought equipment for $10,800 on January 1,2019.It has an estimated useful life of five years and zero residual value.Hudson uses the straight-line method to calculate depreciation and records depreciation expense in the books at the end of every month.As of June 30,2019,the book value of this equipment shown on its balance sheet will be ________.

• A) $9,720
• B) $10,800
• C) $11,880
• D) $10,980

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