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Mayo Corp. has estimated that total depreciation expense for the year ending December 31, 2013 will amount to $400,000, and that 2013 year-end bonuses to employees will total $800,000. In Mayo’s interim income statement for the six months ended June 30,

05 / 03 / 2018 Assignment

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Mayo Corp. has estimated that total depreciation expense for the year ending December 31, 2013 will amount to $400,000, and that 2013 year-end bonuses to employees will total $800,000. In Mayo’s interim income statement for the six months ended June 30, 2013, what is the total amount of expense relating to these two items that should be reported?


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