Multiple Choice
Orangewood Industries bought a new cash register for $7,500.Orangewood originally planned to use the cash register for 4 years and then sell it for $600.After 4 years,Orangewood had recorded $6,900 of depreciation.If the company continues to use the cash register,still planning to sell it eventually for $600,then Orangewood should record:
A) no additional depreciation.
B) $600 of additional depreciation.
C) $1,725 of additional depreciation.
D) the removal of the cash register from its books because it is fully depreciated.
Correct Answer:

Verified
Correct Answer:
Verified
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