Solution-What depreciation expense should be recorded on

What depreciation expense should be recorded on this asset

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Question - On May 1, 2021, Oriole Company sells office furniture for $303600 cash. The office furniture originally cost $744400 when purchased on January 1, 2014. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $82600. What depreciation expense should be recorded on this asset in 2021?

a. $22060.

b. $33090.

c. $24813.

d. $6618.

Reference no: EM132758734

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What depreciation expense should be recorded on this asset

Reference no: EM132758734

Reference no: EM132758734

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