Multiple Choice
Computer equipment was acquired at the beginning of the year at a cost of $57,000 that has an estimated residual value of $9,000 and an estimated useful life of 5 years. Determine the second-year depreciation using the straight-line method.
A) $13,200
B) $19,200
C) $9,600
D) $9,000
Correct Answer:
Verified
Correct Answer:
Verified
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