Business, 04.12.2019 20:31 rostecorralmart

Kansas enterprises purchased equipment for $60,000 on january 1, 2012. the equipment is expected to have a five-year life, with a residual value of $5,000 at the end of five years. using the straight-line method, depreciation expense for 2013 and the book value at december 31, 2013 would be: a. $12,000 and $36,000.b. $12,000 and $31,000.c. $11,000 and $33,000.d. $11,000 and $38,000.

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