A vehicle purchased on March 1st, 2017 for $ 100,000 with a residual value of...
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Accounting
A vehicle purchased on March 1st, 2017 for $ 100,000 with a residual value of $20,000 and useful life of 10 years. Depreciation is charged on straight-line basis. How much would be the amount of depreciation on the year end date of December 31st, 2017 * 2 points
$ 8,000
$ 6,667
$ 3,333
$ 4,000
Which is coreect option?
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