Multiple Choice
What would the depreciation expense be in year 6 for a computer system using the straight-line method when cost is $12,000, residual value is $2000, and the expected life is 8 years? (Round your answer to the nearest dollar.)
A) $1250
B) $2400
C) $2000
D) $625
Correct Answer:
Verified
Correct Answer:
Verified
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