Soso Company purchased equipment that cost $150,000 on Janua…

Soso Company purchased equipment that cost $150,000 on January 1, Year 1. The equipment had an expected useful life of five years and an estimated salvage value of $20,000. Soso uses the straight-line method of depreciation. Assuming this is Soso’s only depreciable asset, what amount of depreciation expense should Soso report on its Year 1 income statement?

The UNESCO report titled “Education in the age of artificial…

The UNESCO report titled “Education in the age of artificial intelligence” UNESCO published the first-ever global “Guidance for generative AI in education and research” in September 2023. Which of the following is a specific recommendation included in this guidance?