Get the information you need quickly and easily with IDNLearn.com. Our experts provide timely, comprehensive responses to ensure you have the information you need.

using the straight line method. what is the depreciation expense for a computer that costs 4,500, has a residual value of 700, and has a life of 4 years?

Sagot :

So over 4 years, this computer's value will go from 4,500 to 700. 

That's a difference of 3,800 over 4 years. Straight-line means the amount is the same every year, so 

[tex] \frac{3,800}{4} [/tex] = 950

So the depreciation expense each year is 950.
We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.