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Use the following information to answer this question. Acquisition cost of computers - ...

Use the following information to answer this question.
Acquisition cost of computers - Le 80,000
Installation cost - Le 20,000
Estimated residual value - Le 4,000
Estimated useful life - 5 years.
The depreciable value of computers is
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  • A Le 80,000
  • B Le 96,000
  • C Le 100,000
  • D Le 104,000
Correct Answer: Option B
Explanation:
80,000 + 20,000 = 100,000
100,000 - 4000 = 96,000

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