Using the given info determine the depreciation expense for


Use the following Info. to answer the question

Cost of car: $26,000

Residual Value: $6,000

Life: 5 years

Using the given info, determine the depreciation expense for the first year straight-lined method.

A. $4,400

B. $6,000

C. $5,200

D. $4,000

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Financial Management: Using the given info determine the depreciation expense for
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