When constructing a scatter plot, the dependent variable is placed on the vertical axis and the independent variable is placed on the horizontal axis

____________ Takeover Defense - when threatened with takeover, management makes the company less attractive by selling the company's most valuable asset to a 3rd party.

Fill in the blank(s) with the appropriate word(s).

Bartlett Company purchased equipment on January 1, 2014, at a total invoice cost of $400,000. The equipment has an estimated salvage value of $10,000 and an estimated useful life of 5 years. The amount of accumulated depreciation at December 31, 2015, if the straight-line method of depreciation is used, is

A. $78,000 B. $160,000 C. $80,000 D. $156,000