Multiple Choice
A poultry farmer is interested in purchasing an egg tester that can measure weight, albumin height, yolk color, and Haugh units all at the touch of a button. The unit will cost $6,900 and is expected to last 10 years at which point it can be sold for $500 to a farmer in a less stringently controlled egg market. What is the annual depreciation under the straight line method?
A) $640
B) $690
C) $50
D) $740
Correct Answer:
Verified
Correct Answer:
Verified
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