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A company purchases a new robotic drill for 43,200 in 2019. It is estimated that scrap value will be 6,500 after its useful life of
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A company purchases a new robotic drill for 43,200 in 2019. It is estimated that scrap value will be 6,500 after its useful life of 10 years.
What will be the annual depreciation charge (using the straight-line depreciation method) for the year ended 31 December 2022?
A. 650
B. 3,670
C. 4,320
D. 4,970
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