(Answered) Question - calculation of book valueon june 1 20 a

Accounting

Question - Calculation of Book Value

On June 1, 20 a depreciable asset was acquired for $4,560. The asset has an estimated useful life of five years (60 months) and no salvage value.

Using the straight-line depreciation method, calculate the book value as of December 31, 20 If necessary, round your answer to two decimal places.

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