At the end of September, Troy, the owner, took a complete inventory of his supplies and found the following:

• 3 dozen 14-inch screws at a cost of $5.00 a dozen
• 6 dozen 12-inch screws at a cost of $10.00 a dozen
• 5 cartons of computer inventory paper at a cost of $8 a carton
• 7 feet of coaxial cable at a cost of $11.00 per foot

After speaking to his accountant, Troy found that a reasonable depreciation amount for each of his long-term assets is as follows:

Transcribed Image Text:

Computer purchased July 5, 201X Office equipment purchased July 17, 201X Depreciation $35 a month Depreciation $25 a month Computer workstations purchased Sept. 17, 201X Depreciation $35 a month