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
- Le 80,000
-
Le 96,000
- Le 100,000
- Le 104,000
The correct answer is: B
Explanation
80,000 + 20,000 = 100,000
100,000 - 4000 = 96,000