A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400. Using the straight line method, the annual depreciation is
A N3,100
B N3,000
C N2,900
D N2,300
Answer is C
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A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400. Using the straight line method, the annual depreciation is
A N3,100
B N3,000
C N2,900
D N2,300
Answer is C
