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Artemon [7]
2 years ago
11

A company purchased factory equipment on January 1, 2019 for $160,000. It is estimated that the equipment will have a $20,000 sa

lvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2014 is:
Business
1 answer:
Evgen [1.6K]2 years ago
6 0

Answer:

10000

Explanation:

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Learn more about restrictive covenants: brainly.com/question/18523077

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Answer:

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Answer:

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Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.

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