# Straight-line depreciation A refrigerator used by a wholesale warehouse has a cost of $64,000, an estimated residual value of$5,200, and an estimated useful life of 12 years. What is the amount of the annual depreciation computed by the straight-line method?

### Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094

### Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094

#### Solutions

Chapter
Section
Chapter 10, Problem 10.6EX
Textbook Problem

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