Question: Vilo Corp. has estimated that total depreciation expense for the year ending December 31, 2010, will amount to $60,000, and that 2010 year-end bonuses to
Vilo Corp. has estimated that total depreciation expense for the year ending December 31, 2010, will amount to
$60,000, and that 2010 year-end bonuses to employees will total $120,000. In Vilo’s interim income statement for the six months ended June 30, 2010, what is the total amount of expense relating to these two items that should be reported?
a. $0
b. $ 30,000
c. $ 90,000
d. $180,000
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