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Scenario 41: Depreciation Calculation - McDonald's Corporation McDonald's Corporation purchased a new grill for $50,000 on January 1, 2022. The grill has an estimated useful

Scenario 41: Depreciation Calculation - McDonald's Corporation

McDonald's Corporation purchased a new grill for $50,000 on January 1, 2022. The grill has an estimated useful life of 10 years and a salvage value of $5,000. They use the straight-line method for depreciation.

Calculate the annual depreciation expense for the years 2022, 2023, and 2024 for McDonald's Corporation.

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