Calderone Company purchased office equipment for $9,000 on October 1 of the current year. The office equipment

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Calderone Company purchased office equipment for $9,000 on October 1 of the current year. The office equipment has a useful life of six years and salvage value of $360. What is the amount of depreciation expense for the current year ending December 31?
a. $120
b. $360
c. $1,440
d. $1,080

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College Accounting A Contemporary Approach

ISBN: 9781260780352

5th Edition

Authors: David Haddock, John Price, Michael Farina

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