the straight- ww.thed O A 5187,500 OH 248 800 OC. $250.000 OD 5.200.000

Question

Question

Answer 1

Answer #1

Depreciation expense using Straight-Line method is calculated as follows:

(Cost-Residual Value)/Useful Life

=($1,000,000-$61,000)/5 years

=$ 187,800

Thus, (a) $ 187,800 is correct.

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Answer 2

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