Multiple Choice
An asset has a life of 3 years.It cost $90,000 and has an expected salvage value of $15,000.Using straight-line depreciation,what is the depreciation expense each of the three years?
A) $30,000
B) $35,000
C) $25,000
D) $45,000
Correct Answer:
Verified
Correct Answer:
Verified
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