
Answer:
What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method? $15500
Explanation:
Net Value Dep. year End Net value.
Year 1 55000 12000 Â Â Â Â Â 43000
Year 2 43000 12000 Â Â Â Â Â 31000
Year 3 31000 15500 Â Â Â Â Â 15500
Year 4 15500 15500 Â Â Â Â Â Â 0