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A company is planning to purchase a lap top for its executives. The controller says that it is important to estimate the annual depreciation of

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A company is planning to purchase a lap top for its executives. The controller says that it is important to estimate the annual depreciation of the intended purchase. The controller has asked for some information in order to calculate the annual depreciation. Which of the following represents what the controller needs: The cost of the laptop and the retailer The total cost of the laptop, its salvage value and the version being purchased The purchase price, estimated life of the laptop and any salvage value at the end of its life The brand name, the total cost and the estimated life of the laptop and current resale value

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