Question: You are the project manager for the Hardware Inventory Project. You have a piece of equipment that was purchased recently for $10,000 and is expected
You are the project manager for the Hardware Inventory Project. You have a piece of equipment that was purchased recently for $10,000 and is expected to last five years in production. At the end of the five years, the expected worth of the equipment will be $1000. Using straight-line depreciation, what is the amount that can be written off each year?
A. Zero B. $1000 C. $1800 D. $2000
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