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Equipment with a cost of $145,055 has an estimated residual value of $9,723 and an estimated life of 6 years or 13,479 hours. It
Equipment with a cost of $145,055 has an estimated residual value of $9,723 and an estimated life of 6 years or 13,479 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used for 3,833 hours? Os. $22.555.33 Ob. $30,40413 Oc. $24.175.83 Od. $38519 43
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