You have a piece of equipment that was purchased for your project recently for $5,000...

Vendor: PMI
Product: PMI-002
Update on: Jul 25, 2025
Questions: 748

PMI PMI-002 Question Answer

You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years, the expected worth of the equipment is $2,000. Using the straight-line deprecation, what is the amount that can be written off each year?

$600

$1200

$3000

$100