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Multiple Choice =+(B6+B7)/B8 =+(B6B7)/88 =+B6B7/88 =+B6+B7/B8 Jan. 1 6 Cost 7 Salvage value 8 Estimated useful life (Years 10 20, 90,000 $2,000 6 Purchase#qupment on

image text in transcribed Multiple Choice =+(B6+B7)/B8 =+(B6B7)/88 =+B6B7/88 =+B6+B7/B8

Jan. 1 6 Cost 7 Salvage value 8 Estimated useful life (Years 10 20, 90,000 $2,000 6 Purchase#qupment on Januarv 1 of the current year Years Amount of straight-line depreciation reported on the December 31 hcome statement Amount of Accumulated Depreciation reported on the December 31 balance sheet. Book valuegsqupment reported on the December 31 balance sheet. Which formula in cell 811 correctly calculates the amount Of Accumulated Depreciation - Equipment reported on the December 31 balance sheet? Multiple Choice o o o o 2+86-87/88 2+86+87/88

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