A machine cost N12000 and has a useful life of 4 years and an expected disposal value of N400. Using the straight line method, the annual depreciation is By: Sunday|Published on: Aug 20|Categories: Accounting WAEC| 0 comments A. N3,100 B. N3,000 C. N2,900 D. N2,300 E. N2,000 Correct Answer: Option C – N2,900 Users Also Read These:What is the annual depreciation charge of…What is the Net book value of the machine at the end…Calculate the yearly depreciation expense using the…Calculate the annual depreciation of farm machinery…The yearly depreciation using the straight-line…SEE ALSO Stock is N200 at start and N320 at close purchases N2055 and sales N3189. Find the cost of goods sold