Question: ) On January 1 , 2 0 2 2 , Pyle Company purchased an asset that cost $ 3 9 , 0 0 0 and
On January Pyle Company purchased an asset that cost $ and had no
estimated residual value. The estimated useful life of the asset is years and straightline
depreciation is used. An error was made in because the total amount of the assets cost
was debited to an expense account for and no depreciation was recorded. Pretax income
for was $ How much is the correct pretax income?
A $
B $
C $
D $
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