D because it’s more longer than the other dates
Answer: $24000
Step-by-step explanation:
Depreciation for 2018 = ($74,000 - $18000) / 7
= $56000/7
= $8000
Depreciation for 2019 = ($74,000 - $18000) / 7
= $56000/7
= $8000
Depreciation up to 2019 = $8000 + $8000 = $16000
Book value at end of 2019 = $74000 - $16000 = $58000
Revised residual value = $10,000
Number of remaining years = 4-2 = 2 years
Depreciation expensed for 2020 will be:
= ($58000 - $10,000) / 2
= $48000/2
= $24000
I think the answer is d hope this helps
