Marley Corporation has a machine which costs $10,000, has an estimated salvage value of $400, and has an expected service life of five years. The straight-line (time) method annual depreciation is
A)$960.
B)$1,400.
C)$1,500.
D)$1,920.
E)$2,000.

Question

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The Answer of Marley Corporation has a machine which costs $10,000, has an estimated salvage value of $400, and has an expected service life of five years. The straight-line (time) method annual depreciation is
A)$960.
B)$1,400.
C)$1,500.
D)$1,920.
E)$2,000.

Marley Corporation Has a Machine Which Costs $10,000, Has an Estimated