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Juanita purchased a forklift for $23,000 to move materials in her warehouse. the salvage value of the forklift is $3,150, and it’s useful life is 10 years How much will juanita write off as a depreciation expense each year for the forklift????

a. $1,323
b. $1,895
c. $1,985
b. $2,615

User Raoul Duke
by
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1 Answer

3 votes

Answer:

The answer is C

Explanation:

To get 1,985 is simple

23,000

-3,150

-----------

19,850/10 = 1,985

User Vsevolod Golovanov
by
4.3k points