Answer:
2. $3600
Explanation:
The computation of the depreciation expense under the Straight-line method: is shown below:
= (Purchase value of computer equipment - residual value) ÷ (estimated useful life)
= ($19,200 - $0) ÷ (4 years)
= ($19,200) ÷ (4 years)
= $4,800
The depreciation that is calculated above is on yearly basis. But on monthly basis, the depreciation should be calculated from January 1, 2012 to September 30, 2012 i.e for 9 months
So, the depreciation would be
= $4,800 × 9 months ÷ 12 months
= $3,600
We assume the deprecation is calculated on the straight-line method
