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Brady's Purchased a Piece of Equipment for $30, 000 with a Useful

Question 33

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Brady's purchased a piece of equipment for $30, 000 with a useful life of nine years and a residual value of $6, 000 on January 2, 2010.If Brady's used the sum-of-the-years'-digits method with the half-year convention, depreciation expense for 2010 was


A) $2, 400.00
B) $2, 666.67
C) $3, 000.00
D) $3, 333.33

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