Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

Exercise 43

Philo Company estimates that the amounts for total depreciation expense for the year ending December 31 will be $60,000 and for year-end bonuses to employees will be $120,000.What total amount of expense relating to these two items should Philo report in its quarterly income statement for the three months ended June 30 a.$15,000.
B)$30,000.
C)$45,000.
D)$90,000.