7. On September 19, 2018, MMM Co. purchased machinery for £190,000. Residual value was estimated to
be £10,000. The machinery will be depreciated over eight years using the sum-of-the-years'-digits method.
If depreciation is computed on the basis of the nearest full month, MMM should record depreciation
expense for 2019 on this machinery of
(A) £40,903.
(B) £38,750.
(C)£38,845.
(D) £35,000.
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