ABC Corp. bought equipment for $60,000. This equipment will be used for 5 years and won't...

  

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ABC Corp. bought equipment for $60,000. This equipment will be used for 5 years and won't have any value left at the end. How do you find the yearly decrease in value using the straight-line method among the options below?" a) Annual Depreciation = ($60,000 $0)/5 = $12,000 b) Annual Depreciation = ($60,000 - $0)/4= $15,000 c) Annual Depreciation = ($60,000 - $10,000)/5 = $10,000 d) none of the options are correct ABC Corp. bought equipment for $60,000. This equipment will be used for 5 years and won't have any value left at the end. How do you find the yearly decrease in value using the straight-line method among the options below?" a) Annual Depreciation = ($60,000 $0)/5 = $12,000 b) Annual Depreciation = ($60,000 - $0)/4= $15,000 c) Annual Depreciation = ($60,000 - $10,000)/5 = $10,000 d) none of the options are correct

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