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Alcoa decided to write down one of its plant asset value from $52,000 to $46,000. At the time of the impairment, the asset still has
Alcoa decided to write down one of its plant asset value from $52,000 to $46,000. At the time of the impairment, the asset still has 3 years remaining in its useful life, and has an estimated salvage value of $1,000. Assuming Alcoa uses straight line depreciation, what should be the depreciation expense for the first year after impairment?
$15,000 |
17,000 |
15,333 |
17,333 |
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