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Using the Straight-Line Method, What Is the Depreciation Expense for a Computer

Question 63

Multiple Choice

Using the straight-line method, what is the depreciation expense for a computer that cost $4,500, has a residual value of $700, and has a life of four years?


A) $1,125
B) $950
C) $1,300
D) $1,950
E) None of these

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