Sargent Corporation bought equipment on January 1, 2011.The equipment cost €180,000 and had an expected residual value of €30,000.The life of the equipment was estimated to be 6 years.The depreciable cost of the equipment is
A) €180,000.
B) €150,000.
C) €100,000.
D) €25,000.
Correct Answer:
Verified
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