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On October 1, 2011, Mazaya Company places a new asset into service. The cost of the asset is R.0.80,000 with an estimated 5-year life and

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On October 1, 2011, Mazaya Company places a new asset into service. The cost of the asset is R.0.80,000 with an estimated 5-year life and R.O.000 residual value at the end of its useful life. What is the depreciation expense for 2011 if Mazaya Company uses the straight-line method of depreciation? Select one: a R0.3.000 b.R.O.16,000 C.R.O.4,000 d.RO.8.000

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