Business, 12.12.2019 23:31 santosm35

Equipment with a cost of $390,000 and estimated residual value of $60,000 is expected to have a useful life of 30,000 hours. during may, the equipment was operated 700 hours. what amount should be recorded as depreciation expense for the month? multiple choice

o $8,400.

o $7,700.

o $7,700.

o $9,100.

o $7,000.

Answers: 3

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Equipment with a cost of $390,000 and estimated residual value of $60,000 is expected to have a usef...