MacGyver Company bought equipment on January 3, 2019, for $35,400. At


Ask a Question

MacGyver Company bought equipment on January 3, 2019, for $35,400. At the time of purchase,the equipment was estimated to have a useful life of 4 years and a salvage value of $1,200. Using the straight line method, the amount of one year's depreciation is

Sale price $15.00 Regular price $30.00

MacGyver Company bought equipment on January 3, 2019, for $35,400.
At the time of purchase,the equipment was estimated to have a useful life of 4 years and a salvage value of $1,200. Using the straight line method, the amount of one year's depreciation is:

Multiple choice:
$1,200
$5,900
$475
$8,550

Questions & Answers

Have a Question?

Be the first to ask a question about this.

Ask a Question