Calculate depreciation expense for 2012 and 2013


El Tapitio purchased restaurant furniture on September 1, 2012, for $36,400. Residual value at the end of an estimated 9-year service life is expected to be $4,000.

Calculate depreciation expense for 2012 and 2013, using the straight-line method, and assuming a December 31 year-end. (Do not round your intermediate calculations. Round your final answer to the nearest whole dollar amount.)

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Accounting Basics: Calculate depreciation expense for 2012 and 2013
Reference No:- TGS0556407

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