question archive Consider an asset that was separated into its main components (A, B, and C)

Consider an asset that was separated into its main components (A, B, and C)

Subject:AccountingPrice: Bought3

Consider an asset that was separated into its main components (A, B, and C). The $1,200,000 purchase price was allocated to these components in equal proportions. The useful lives are 12, 4, and 7 years for components A, B, and C respectively. Components A and B are not expected to have any residual value, but Component C is expected to have a residual value of $18,000. Assuming straight-line depreciation, total annual depreciation expense, to the nearest dollar, relating to these assets is

$100,100.

$125,120.

$187,905.

$190,476.

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