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goji.go goji.go
wrote...
Posts: 5977
9 years ago
A city government purchased a new fire truck in Year 1 for $270,000. The city incurred an additional $30,000 in transportation and calibration costs to ready it for use. It has an estimated useful life of 20 years, though it is being financed over a 15 year period. The amount of depreciation that will be reported each year in the General Fund will be
A.   $0.
B.   $13,500.
C.   $15,000.
D.   $18,000.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
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Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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