Question

What is the computed depreciation on the company's equipment for 2017?

1) $10,000
2) $12,000
3) $15,000
4) $18,000

Answer 1

The computed depreciation on the company's equipment for 2017 cannot be determined without knowing the cost of the equipment and its useful life.

Step-by-step explanation:

The computed depreciation on the company's equipment for 2017 can be calculated using the straight-line depreciation method. This method assumes an equal depreciation expense over the useful life of the equipment.

To calculate the depreciation, we need the cost of the equipment and its useful life. The given information does not include the cost of the equipment or its lifespan. Without this information, we cannot accurately determine the depreciation for 2017.

Therefore, none of the given options (1) $10,000, (2) $12,000, (3) $15,000, or (4) $18,000 can be considered as the correct answer.