Answer : $ 867.
Straight line method - Depreciation.
Depreciation per annum = ( 28000 -2000 ) / 10 = $ 2600.
Depreciation for Dec 31st = $ 2600 * (4 / 12 ) = $ 867.
On September 1, a company purchased a vehicle for $28,000 with a residual value of $2,000. The estimated useful...
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