Asked by Kara
An asset is purchased for$50,000.It has an estimated useful life of 12 years and a
salvage value of $5,000. What is the annual depreciation of the asset using the straight-line method?
salvage value of $5,000. What is the annual depreciation of the asset using the straight-line method?
Answers
Answered by
Damon
45,000/12
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