Choose the One Alternative That Best Completes the Statement or Answers

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-A new piece of equipment cost a company $54,000. Each year, for tax purposes, the company depreciates the value by 25%.What value should the company give the equipment after 8 years?

A) $7,208
B) $1
C) $3
D) $5,406