Vanderet's Computer Business owns computer equipment which cost $3,240 and has an expected useful life of three years. No residual value is expected. At the company's year end, December 31, the equipment's book value is $2,520. In what month was thecomputer purchased using the straight-line depreciation method?
A)August
B)January
C)March
D)June
E)M ay

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The Answer of Vanderet's Computer Business owns computer equipment which cost $3,240 and has an expected useful life of three years. No residual value is expected. At the company's year end, December 31, the equipment's book value is $2,520. In what month was thecomputer purchased using the straight-line depreciation method?
A)August
B)January
C)March
D)June
E)M ay

Vanderet's Computer Business Owns Computer Equipment Which Cost $3,240 and Has