What would the depreciation expense be in year 6 for a computer system using the straight-line method when cost is $12,000, residual value is $2000, and the expected life is 8 years? (Round your answer to the nearest dollar.)

Question

Quizplus · Accepted Answer

The depreciation expense using the straight-line method is calculated as (Cost - Residual Value) / Useful Life. For this computer system, it's ($12,000 - $2,000) / 8 = $1,250 per year.

What Would the Depreciation Expense Be in Year 6 for a Computer