A company purchases office equipment for $2,500.00 having a 3-year useful life and a $100.00 salvage value. Using the straight-line method of depreciation, depreciation expense in year 2 of the asset's useful life will be
A) $500. 00.
B) $600. 00.
C) $800. 00.
D) $833. 33.
Correct Answer:
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