Homework Answers
| Correct option is: D. $6,000 | ||
| Workings: | ||
| Depreciation expense | = | (Cost - Residual value) / useful value |
| = | [($58000 - $10000) / 4 years] X 6/12 | |
| = | $ 6,000 | |
| Note: Printer is purchased on June 30, Therefore depreciation is charged only for half year | ||
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