PURCHASE PRICE OF MACHINERY $75,000
USEFUL LIFE 10 Years
RESIDUAL VALUE 2,000
Ba...
Business, 26.08.2021 23:30 minecrafter3882
PURCHASE PRICE OF MACHINERY $75,000
USEFUL LIFE 10 Years
RESIDUAL VALUE 2,000
Based on the information above, which of the following is the straight line depreciation of the equipment?
a. $7,000
b. $7,700
c. $7,300
d. $7,500
Answers: 3
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