Multiple Choice
A machine,acquired for a cash cost of $15,000,is being depreciated on a straight-line basis of $2,700 per year.The residual value was estimated to be 10% of cost.The estimated useful life is
A) 3 years.
B) 4 years.
C) 5 years.
D) 6 years.
Correct Answer:
Verified
Correct Answer:
Verified
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