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  • 10-03-2017
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Use the following information to answer the question: Cost of car: $26,000 Residual value: $6,000 Life: 5 years Using the given information, determine the depreciation expense for the first year straight-line method? A. $4,400 B. $5,200 C. $4,000 D. $6,000

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 12-03-2017
(26000-6000)/5=4000
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