Question

What is the computed depreciation on the company's equipment for the year?

1) $14,000
2) $10,000
3) $20,000
4) $5,000

Answer 1

The computed depreciation on the company's equipment for the year cannot be determined with the given information.

Step-by-step explanation:

The computed depreciation on the company's equipment for the year can be found by subtracting the initial cost of the equipment from its accumulated depreciation. However, the provided information does not include the initial cost of the equipment or any information about the accumulated depreciation. Without this information, it is not possible to determine the computed depreciation for the year. Therefore, none of the given options (1) $14,000, (2) $10,000, (3) $20,000, or (4) $5,000, can be confirmed as the correct answer.