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Today, 02:25

A company that makes wildlife videos purchases camera equipment for $32,400. The equipment depreciates in value at a constant rate for 12 years, after which it is considered to have no monetary value. How much is the camera equipment worth 4 years after it is purchased?

A)

$10,800

B)

$16,200

Eliminate

C)

$21,600

D)

$29,700

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Answers (2)
  1. Today, 05:34
    0
    C) $21,600

    correct answer
  2. Today, 06:05
    0
    C

    Step-by-step explanation:

    yearly depreciation

    32,400:12

    =2,700

    Accumulated depreciation for 4 years

    2,700*4

    =10,800

    Book value at year 4

    32,400-10,800

    =21,600
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