document.write( "Question 1131182: Use the following information to answer the question:\r
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document.write( "Cost of car: $26,000\r
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document.write( "Residual value: $6,000\r
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document.write( "Life: 5 years\r
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document.write( "With the information given, determine the depreciation expense for the first year using the straight-line method.\r
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document.write( "A. $4,400
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document.write( "B. $5,200
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document.write( "C. $4,000
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document.write( "D. $6,000 \n" );
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Algebra.Com's Answer #747818 by greenestamps(13203) You can put this solution on YOUR website! \n" ); document.write( "The car loses $20,000 in value in 5 years; that is $4000 per year -- for every year including the first. \n" ); document.write( "Answer C \n" ); document.write( " |