Answer:
Explanation:
Spreadsheet is attached with the calculus.
Depreciation expense is the difference between the cost of the asset and the residual value, divided by the useful life of the asset.
Situation
Original Value: 45.000 $
Residual Value: 5000 $
Useful life: 5 years
Straight-line
depreciation expense= (Original Value-Residual Value)/ Useful life
depreciation expense=(45.000-5000)/ 5
depreciation expense= 8000
