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Use the information below to answer the questions that follow. Enter your answers using digits only - no dollar signs, commas, or decimal points.


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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 = 225000 Useful life in years = 10 Residual value = 15000 Date purchased = April 1 What is the depreciation expense per year? A What is the depreciation expense per month? A What is the depreciation expense in the year of purchase? P

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