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Linda Lassiter is meeting with the accountant assigned to help her team create cost estimates for her project to implement a new Customer Relations Management

Linda Lassiter is meeting with the accountant assigned to help her team create cost estimates for her project to implement a new Customer Relations Management (CRM) system. They determine the project will require a server that costs $45,000. The accountant points out that PMO policy states that servers be depreciated over a five-year schedule, using Standard or Straight Line Depreciation. The accountant also notes that his experience has been that at the end of their useful life, servers typically have no salvage value. What will be the annual depreciation for the server?

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