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Business, 18.12.2019 06:31 wendelljo61
When originally purchased, a vehicle costing $23,000 had an estimated useful life of 8 years and an estimated salvage value of $3,000. after 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. the depreciation expense in year 5 equals:
a) $5,750.
b) $2,500
c) $11,500.
d) $5.000.
e) $2.875
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Answers: 2
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