ignment $-$ Chapters $8$&$9$

Question $6,$ SF$9-5($similar to$)$

HW Score: $0\%,0$ of $9$ points

Part $1$ of $2$

Points: $0$ of $1$

On August $31,2023,$ Questor Applications purchased a copy machine for $$44,400.$ Questor Applications expects the machine to last for six years and to have a residual value of $$3,000.$ Compute depreciation expense on the machine for the year ended December $31,2023,$ using the straight$-$line method.

Begin by selecting the formula to calculate the company's depreciation expense on the machine for the year ended December $31,2023.$ Then enter the amounts and calculate the depreciation expense. $($Abbreviation used: Acc. $=$ accumulated. Do not round intermediary calculations. Only round the amount you input for straight$-$line depreciation to the nearest dollar.$)$

I$(-1]12$

Straight$-$line

depreciation