Multiple Choice
On January 1,2017,Ace Electronics bought a new cash register for $2,500.Ace plans to use the cash register for 4 years and then sell it for $200.If Ace uses straight-line depreciation,depreciation expense for the year ended December 31,2017 equals:
A) $575.
B) $1,875.
C) $625.
D) $1,925.
Correct Answer:
Verified
Correct Answer:
Verified
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