Use the following information to answer this question.
Acquisition cost of computers – Le 80,000
Installation cost – Le 20,000
Estimated residual value – Le 4,000
Estimated useful life – 5 years.
A. Le 80,000
B. Le 96,000
C. Le 100,000
D. Le 104,000
Correct Answer: Option C
C. Le 100,000
Explanation
80,000 + 20,000 = 100,000