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Chicago Bears, Inc. purchased a machine for $206,000 on October 1,2021 . The estimated service life is 10 years with a $20,700 residual value. The
Chicago Bears, Inc. purchased a machine for $206,000 on October 1,2021 . The estimated service life is 10 years with a $20,700 residual value. The company records partial-year depreciation based on the number of months in service. Depreciation expense for the year ended December 31, 2021, using straight-line depreciation, is: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount) Multiple Choice $15.450 $4,633 $5,150 57,758
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