256
On January 1, 2009, Reyes Company purchased a computer system for $25,500.The system had an estimated useful life of 5 years and no residual value.At January 1, 2011, the company revised the remaining useful life to two years.What amount of depreciation will recorded for 2011 and 2012?

Question

Quizplus · Accepted Answer

The Answer of 256
On January 1, 2009, Reyes Company purchased a computer system for $25,500.The system had an estimated useful life of 5 years and no residual value.At January 1, 2011, the company revised the remaining useful life to two years.What amount of depreciation will recorded for 2011 and 2012?

256 On January 1, 2009, Reyes Company Purchased a Computer System