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what is her total 2023 depreciation for the furniture and computer. use straight line depreciation As of December 31, 2022, Shanda Lear's Lighting Store, a
what is her total 2023 depreciation for the furniture and computer. use straight line depreciation
As of December 31, 2022, Shanda Lear's Lighting Store, a sole proprietorship, had furniture o $28,200 as its sole fixed asset. It had purchased the furniture on August 1, 2022, and had appropriately taken $2,014 of depreciation on it in 2022. In 2023, Shanda Lear's Lighting Store purchased a computer for the business for $3,922. Assuming Shanda Lear's Lighting Store has always declined section 179 and bonus depreciation, what would be its total 2023 depreciation expense for the furniture and computer, if it uses straight-line depreciation? (Round your answer to the nearest dollar.) (Numbers only. Do not use dollar signs, commas or decimals.) Step by Step Solution
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