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Business, 14.01.2020 19:31 jr116641

Cardinal industries purchased a generator that cost $11,000. it has an estimated life of five years and a residual value of $1,000. it is estimated to be good for 5,000 hours. if depreciation is computed for the first full year using the straight-line method of depreciation, which information is needed for the calculation?
a. $11,000 cost and five-year life
b. $11,000 cost, 5,000-hour life, and $1,000 salvage value
c. $11,000 cost, 5,000-hour life, five-year life, and $1,000 salvage value
d. $11,000 cost, five-year life, and $1,000 salvage value

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