Answer:
The answer would be D. Income Statement!
Explanation:
Answer:
$4,500
Explanation:
Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life
($32,000 - $5,000)/6 = $4,500
The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.
Therefore, the depreciation expense each year would be $4,500.
I hope my answer helps you
The average total cost of the firm is $75.
<h3>What is the average total cost of the firm?</h3>
The average total cost is the sum of the average fixed cost and the average variable cost.
The average total cost = average fixed cost + average variable cost
$25 + $50 = $75
To learn more about fixed cost, please check: brainly.com/question/27127934
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True. They have to be open-minded