On January 1, 2014, Ziskin Company spent $3,000 on an asset (equipment) to improve its quality. The asset had been purchased on January 1, 2009 for $14,000. The asset had a $2,000 salvage value and a 6-year life. Ziskin uses straight-line depreciation. What would be the amount of depreciation expense for 2014?
A) $4,500.
B) $3,000.
C) $6,000.
D) $7,200.

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The Answer of On January 1, 2014, Ziskin Company spent $3,000 on an asset (equipment) to improve its quality. The asset had been purchased on January 1, 2009 for $14,000. The asset had a $2,000 salvage value and a 6-year life. Ziskin uses straight-line depreciation. What would be the amount of depreciation expense for 2014?
A) $4,500.
B) $3,000.
C) $6,000.
D) $7,200.

On January 1, 2014, Ziskin Company Spent $3,000 on an Asset