Maxwell tax planning service bought communications equipment for $ 10 comma 800 on january 1, 2019. the equipment has an estimated useful life of five years and zero residual value. maxwell uses the straightminusline method to calculate depreciation and records depreciation expense in the books at the end of each month. as of june 30, 2019, the balance in the accumulated depreciation account for this equipment is

As of june 30, 2019, the balance in the accumulated depreciation account for this equipment is $1080

Explanation:

CostAnnual Dep.Monthly

Jan-19         108002160180

fen-19                           180

mar-19                           180

apr-19                           180

may-19                           180

jun-19                           180

                               1080

answer(d) all of the choices are correct;