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This Question: 2 pts 22 of 25 (B complete) This Test: 50 pts possib Sassy's Sweets Shoppe purchased equipment on January 1. The cost was
This Question: 2 pts 22 of 25 (B complete) This Test: 50 pts possib Sassy's Sweets Shoppe purchased equipment on January 1. The cost was $15,000, and the equipment had a residual value of $4,000. The equipment was given a useful ife of 10 years. After the end of two years, it was delermined that the equipment would be obsolete in 5 more years and the residual value wouid stil be $4,000. What will be the depreciation under the straight - line method to the nearest dollar be for the third year? O A. $1,760 O B. $1,500 OC . $1,100 D. S8.800
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