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Dep Co uses the straight-line method. Assets purchased between the 1 st and 15 th of the month are depreciated for the entire month; assets

  • Dep Co uses the straight-line method. Assets purchased between the 1st and 15th of the month are depreciated for the entire month; assets purchased after the 15th of the month are treated as though they were acquired the following month. On March 20, 20X1, Dep Co purchases a printer for $9,000 that it expects to last for 5 years; Dep Co expects the printer to have a residual value of $2,000. What is 20X2 depreciation expense for the printer?
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