Computer Equipment Was Acquired at the Beginning of the Year

question 147

Multiple Choice

Computer equipment was acquired at the beginning of the year at a cost of $57,000 that has an estimated residual value of $9,000 and an estimated useful life of 5 years. Determine the 2nd year's depreciation using straight-line depreciation.

• A) $13,200
• B) $19,200
• C) $ 9,600
• D) $ 9,000

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