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On September 30, 2021, Bricker Enterprises purchased a machine for $210,000. The estimated service life is 10 years with a $23,000 residual value. Bricker records
On September 30, 2021, Bricker Enterprises purchased a machine for $210,000. The estimated service life is 10 years with a $23,000 residual value. Bricker records partial-year depreciation based on the number of months in service.
Depreciation (to the nearest dollar) for 2022, using sum-of-the-years'-digits method, would be:(Do not round intermediate calculations.)
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- $37,228.
- $33,150.
- $62,100.
- $30,327.
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