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A company obtains a five-year licence to use a trademark for $178,000 paid at the outset with a five-year extension on payment of $100,000 at
A company obtains a five-year licence to use a trademark for $178,000 paid at the outset with a five-year extension on payment of $100,000 at the start of year 6. The depreciation is on a Straight Line basis. What is the total depreciation for years 6 - 10 of the lease?
Select one:
a.$35,600
b.$100,000
c.$189,000
d.$278,000
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