accounting

The ABC Company has a policy to capitalize an asset with a threshold of $5,000 per item or a project/program. The ABC Company has an ongoing rolling replacement project/program to replace 20% of all computers annually. In addition, the ABC Company uses straight line method, with a useful life of five year for the computers, and a half year convention. In fiscal year 2017, the ongoing project costs was $100,000. What is the depreciation expense for the fiscal year 2017?

asked by kim
  1. 20000

    posted by kkkk
  2. thank you

    posted by kim
  3. 3 Miles on tuesday

    posted by Jakayla

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