Multiple Choice
Wong purchased a computer for $15 000, net of GST. Originally it had an estimated useful life of 4 years and a residual value of $3000. The straight-line method is used. At the start of the third year of usage Wong revised the life of the computer to a total life of 6 years. The residual value had not changed. What depreciation expense should be recorded for the computer for year 3?
A) $1500
B) $1000
C) $3000
D) $4000
Correct Answer:
Verified
Correct Answer:
Verified
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