Question: I believe the answer to this question is 0 but I am second guessing myself and need some more help. QUESTION 15 MyCo uses the

I believe the answer to this question is 0 but I am second guessing myself and need some more help.

QUESTION 15 MyCo uses the straight line method. Assets purchased between the 1st and 15th of the month are deprecated for the entire month assets purchased after the 15th of the month are treated as though they were acquired the following month. On April 22, 20x1, MyCo purchases equipment for 550.000 that it expects to last for 5 years Myco expects the equipment to have a residual value of $5.000. What is 2006 depreciation expense for the equpment 53.000 39.000 $2,250 SD 36,750 10.000

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