Broadway Ltd. purchased equipment on January 1, 2019, for $780,000, estimating a six-year useful life and no residual value. In 2019 and 2020, Broadway depreciated the asset using the straight-line method. In 2021, Broadway changed to sum-of-years'-digits depreciation for this equipment. What depreciation would Broadway record for the year 2021 on this equipment? (Do not round your depreciation rate.)
A. $208,000.
B. $130,000.
C. $260,000.
D. $104,000.
Answer: A
You might also like to view...
In Mumford’s skills model, social judgment skill is defined as ______.
A. the accumulation of information and the mental structures to organize the information B. intellectual ability learned or acquired over time C. the capacity to understand people and social systems D. creative ability to solve ill-defined organizational problems
Based upon your credit report, the credit bureau will determine who may receive a credit card
Indicate whether the statement is true or false.
The simplest approach to gathering primary information is by developing a questionnaire.
Answer the following statement true (T) or false (F)
The data below shows the number of seashells collected by different classmates
12, 9, 15, 3, 24, 12, 25, 18, 11, 5, 8, 19, 25, 23, 20, 10, 14, 16, 8, 3, 15, 7, 6, 1, 10, 19, 22, 20, 13, 7 Which frequency distribution table summarizes the data?