Multiple Choice
On January 1, 2019, Ray Roberto, Inc. acquired a new machine for $560,250. Its estimated useful life is nine years with an expected salvage value of $20,250.
Assuming straight-line depreciation, 2019 depreciation expense is:
A) $47,250
B) $49,500
C) $57,000
D) $60,000
Correct Answer:
Verified
Correct Answer:
Verified
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