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On May 1, 2021, Oriole Company sells office furniture for $303600 cash. The office furniture originally cost $744400 when purchased on January 1, 2014. Depreciation
On May 1, 2021, Oriole Company sells office furniture for $303600 cash. The office furniture originally cost $744400 when purchased on January 1, 2014. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $82600. What depreciation expense should be recorded on this asset in 2021?
$22060.
$33090.
$24813.
$6618
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