2 questions

Lorenzo Corporation purchased equipment on January 1.2015 for $500.000. The equipment an estimated useful ire of5 years and an estimated salvage value of $50,000 Anerusing the egupment for 2 years, determined that the equipment could be used for an additional6 years and have had uses straight-line depreciation, compute depreciation expense salvage value of S9 000. Assuming Lorenzo Corporation for the year ending December 31.2017. O A $53.333 B. $51,833 C. $45,000 D, $48,500 Cick to select your