Ursula Tax Planning Service has the following plant assets: Communications equipment: Cost,$6,960 with useful life of eight years;Furniture: Cost,$19,200 with useful life of 12 years;and Computer: Cost,$14,000 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) $291.67
B) $133.33
C) $72.50
D) $498
Correct Answer:
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