Question

Use the information above to answer the following question. Which of the following is correct about the depreciation recorded?

A) Accumulated Depreciation will be debited for $266,667.

B) The book value of the computer system at December 31, 2015 will be $1,225,000.

C) Depreciation expense will be debited for $245,000.

D) The depreciable cost of the computer system is $1,600,000.

Answer

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