A construction company purchased a new bulldozer for $90,000 on January 1, 2012. The company estimates that the bulldozer will have a useful life of nine years and then be worthless
Using the straight-line depreciation method, yearly depreciation expense will be:
A) $0.
B) $10,000.
C) $45,000.
D) $90,000.
B
Explanation: B) 90,000/9 = $10,000
Business
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