A company purchased factory equipment on April 1, 2022 for $128,000. It is esti salvage value at the end of its 10-year useful life. Using the straight-line method depreciation expense at December 31, 2022 is:. a. $9.600.
b. $11,200.
c. $8,400.
d. $12.800.

Depreciation expense= $9,600

Explanation:

Giving the following information:

A company purchased factory equipment on April 1, 2022 for $128,000. 10-year useful life.

We weren't provided with the salvage value.

First, we need to calculate the annual depreciation:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= 128,000/10= 12,800

Now, for 9 months:

Depreciation expense= (12,800/12)*9= $9,600

answer; i believe that (pastoral society) is the correct answer;

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.