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Delicious77 [7]
4 years ago
5

Equipment with a cost of $192,000 has an estimated salvage value of $18,000 and an estimated life of 4 years or 12,000 hours. It

is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,300 hours?a. $48,000b. $52,500c. $49,500d. $43,500
Business
1 answer:
Marrrta [24]4 years ago
5 0

Answer: D

Explanation:

Acquisition value -salvage value

----------------------------------------- = straight line method

Useful life of the asset

$192000- $18000

---------------------------- = $43,500

4

Therefore for the first full year, it will be depreciated by $43500

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