Ursula Tax Planning Service has the following plant assets: Communications equipment: Cost,$7,120 with useful life of eight years; Furniture: Cost,$22,800 with useful life of 12 years; and Computer: Cost,$12,000 with useful life of four years.(Assume residual value of all the assets is zero. ) Ursula's monthly depreciation expense calculated using the straight-line method is ________.(Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )
A) $250
B) $158
C) $74
D) $482
Correct Answer:
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