Multiple Choice
On January 1,2011,Swinger,Inc.purchases a batting machine for $240,000 that has an estimated useful life of 5 years and an expected residual value of $20,000.Calculate the annual amount of depreciation expense.
A) $48,000
B) $44,000
C) $20,000
D) $88,000
Correct Answer:
Verified
Correct Answer:
Verified
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