Question
Batman inc bought a building with three components, the foundation, the windows,and the roof. The $1,200,000 purchase price was allocated to each component equally.. The
Batman inc bought a building with three components, the foundation, the windows,and the roof. The $1,200,000 purchase price was allocated to each component equally.. The useful lives are 12, 4, and 7 years for the foundation, windows and roof respectively. The foundation and windows are not expected to have any residual value, but the roof is expected to have a residual value of $18,000. Assuming straight-line depreciation, total annual depreciation expense, to the nearest dollar, relating to these assets is
Question 14 options:
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$190,476
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$125,120
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$100,100
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$187,905
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