Question $1$ options:

Use the information below to answer the questions that follow. Enter your answers using digits only $-$ no dollar signs, commas, or decimal points. The business's year$-$end is December $31.$

Cost of equipment $=600000$

Useful life in years $=11$

Residual value $=15900$

Date purchased $=$ November $30$

What is the depreciation expense per year?

What is the depreciation expense per month?

What is the depreciation expense in the year of purchase?