Use the following information for questions:
On January 1, 2011, Mary Co.purchased some equipment that cost $52,800.Freight costs were $300, sales taxes were $6,400, and installation $500.Estimated residual value is $2,000.The company uses a straight-line rate of 10%.
-Accumulated amortization at the end of 2013 would be:
A)$17,400
B)$17,700
C)$17,790
D)$18,390

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The Answer of Use the following information for questions:
On January 1, 2011, Mary Co.purchased some equipment that cost $52,800.Freight costs were $300, sales taxes were $6,400, and installation $500.Estimated residual value is $2,000.The company uses a straight-line rate of 10%.
-Accumulated amortization at the end of 2013 would be:
A)$17,400
B)$17,700
C)$17,790
D)$18,390

Use the Following Information for Questions