Use the following information for questions 47-49.
On January 1, 2017, Bronson Co. purchased some equipment that initially cost $52,800. Additional costs included freight costs $300, non-refundable taxes $6,400, and installation $500. Estimated residual value is $2,000. The company uses a straight-line rate of 10%.
-Accumulated depreciation at the end of 2019 would be
A) $17,400.
B) $17,700.
C) $17,790.
D) $18,390.

Question

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The Answer of Use the following information for questions 47-49.
On January 1, 2017, Bronson Co. purchased some equipment that initially cost $52,800. Additional costs included freight costs $300, non-refundable taxes $6,400, and installation $500. Estimated residual value is $2,000. The company uses a straight-line rate of 10%.
-Accumulated depreciation at the end of 2019 would be
A) $17,400.
B) $17,700.
C) $17,790.
D) $18,390.

Use the Following Information for Questions 47-49