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Here are the depreciation calculations using the straight-line method: 2020 (9 months): Depreciable cost: €12,000 Annual depreciation rate: €2,400/year Depreciation for 9 months = €2,400/12 * 9 = €1,800 2021: Depreciation = €2,400 2022: Depreciation = €2,400 2023: Depreciation = €2,400 2024 (3 months): Depreciation = €2,400/12 * 3 = €600 Total depreciation over useful life = €12,000

Author

Melaku Walelgne

Language

EN