Exhibit 11-2 Bryan purchased a business computer for $4, 500 on August 3, 2010.It has an estimated residual value of $500 and an expected service life of five years.Bryan uses double-declining-balance depreciation computed to the nearest whole month.
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Refer to Exhibit 11-2.Depreciation expense for 2010 was
A) $ 600
B) $ 667
C) $ 750
D) $1, 500
Correct Answer:
Verified
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