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KatRina [158]
3 years ago
15

Using the straight-line method, what is the depreciation expense for a computer that cost $4,500, has a residual value of $700,

and has a life of four years?
Mathematics
2 answers:
Ivan3 years ago
3 0
1 st year= 4500
depreciation=700
after dep. 3800
because of straight line method value will be same
damaskus [11]3 years ago
3 0

Answer:

$950

Step-by-step explanation:

Depreciation = (Cost - Residual value) / Useful life

Cost = $4,500

Residual value = $700  

Useful life = 4 years

Depreciation = (4500 - 700) / 4

Depreciation = $950


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