I need answer ASAP! Equipment with a cost of $140,445 has an estimated residual...
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Accounting
I need answer ASAP!
Equipment with a cost of $140,445 has an estimated residual value of $7,572 and an estimated life of 4 years or 14,065 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,463 hours? Oa. $32.715,19 Ob. $33,218.25 Oc. $38.37 Od $4.00
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