Question
A company purchased equipment valued at $194,400 on January 1. The equipment has an estimated useful life of six years or 5 million units. The
A company purchased equipment valued at $194,400 on January 1. The equipment has an estimated useful life of six years or 5 million units. The equipment is estimated to have a salvage value of $12,600. Assuming the straight-line method of depreciation, what is the depreciation for the second year?
a. $25,971.43
| $30,300.00 | |
| $75,600.00 | |
| $32,400.00 | |
| $36,360.00 |
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The Operational Auditing Handbook Auditing Business And IT Processes
Authors: Andrew Chambers, Graham Rand
2nd Edition
0470744766, 978-0470744765
