Multiple Choice
On January 1, 2019, Ray, Inc. acquired a new machine for $186,750. Its estimated useful life is nine years with an expected salvage value of $6,750.
Assuming straight-line depreciation, 2019 depreciation expense is:
A) $20,750
B) $16,500
C) $19,000
D) $20,000
Correct Answer:
Verified
Correct Answer:
Verified
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