A piece of equipment was recently purchased for $10,600 on April 1.It is estimated that it will last for 10 years and have a residual value of $600.The depreciation expense to be recognized in the year of acquisition,assuming a December year end,would be
A)$1,000.00.
B)$750.00.
C)$662.50.
D)$833.33.

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The Answer of A piece of equipment was recently purchased for $10,600 on April 1.It is estimated that it will last for 10 years and have a residual value of $600.The depreciation expense to be recognized in the year of acquisition,assuming a December year end,would be
A)$1,000.00.
B)$750.00.
C)$662.50.
D)$833.33.

A Piece of Equipment Was Recently Purchased for $10,600 on April