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On April 1,2015 Jupitor Corp acquired equipment at a cost of $480,000. The equipment is to be depreciated by the straight-line method over six years
On April 1,2015 Jupitor Corp acquired equipment at a cost of $480,000. The equipment is to be depreciated by the straight-line method over six years with no provisional salvage value. Depreciation for fractional years is computed by rounding the ownership periods to the nearest month. Depreciation expense recognized in the remaining months of 2015 will be in total: A. $53,333 B. $ 66,667 C. $60,000 D. $80,000
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