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[ 4 pts. ] The depreciation charge of a vehicle is $ 11,215 in year 3 using straight line depreciation method for 7- years period.
[ 4 pts. ] The depreciation charge of a vehicle is $ 11,215 in year 3 using straight line depreciation method for 7- years period. Which of the following value is closest to the salvage value used in the depreciation calculation if the first cost was $ 105,000? Select one: a. 18,547 b. 25,170 c. 22,521 d. 26,495
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