Multiple Choice
Cola Company purchased a bottling machine on October 1,2018 for $250,000.The estimated useful life is 25 years and they are using straight-line depreciation.On October 1,2019,they spent $46,000 on the machine to double its capacity and $5,000 on routine cleaning.The company's year end is September 30.What should the depreciation expense be at September 30,2020?
A) $10,000
B) $30,000
C) $12,200
D) $11,9170
Correct Answer:

Verified
Correct Answer:
Verified
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