Multiple Choice
On January 1,2012,Costas Co.purchased a new machine for $1,250,000.The new machine has an estimated useful life of five years and the salvage value was estimated to be $250,000.Costas uses the sum-of-the-years'-digits method of depreciation.The amount of depreciation expense for 2014 is
A) $200,000.
B) $250,000.
C) $300,000
D) $416,667
Correct Answer:
Verified
Correct Answer:
Verified
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