An asset with a first cost of 30000 has been depreciated by, Financial Management

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An asset with a first cost of 30000 has been depreciated by

An asset with a first cost of $30,000 has been depreciated by the straight line method at $4,000 per year. If the asset's depreciable life was five years, the salvage value used in calculating the depreciation was closest to:

A) $4,000

B) $5,000

C) $8,000

D) $10,000

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Financial Management: An asset with a first cost of 30000 has been depreciated by

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