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Margaret [11]
2 years ago
15

g A machine costing $58,944 with a 6-year life and $55,853 depreciable cost was purchased January 1. Compute the yearly deprecia

tion expense using straight-line depreciation. Round your answer to the nearest whole dollar.
Business
1 answer:
Solnce55 [7]2 years ago
7 0

Answer:

$9,309

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

DEPRECIABLE COST / USEFUL LIIFE

$55,853 / 6 = $9,309

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