Mayo Corp. has estimated that total depreciation expense for the year ending December 31, 2018 will amount to $600,000, and that 2018 year-end bonuses to employees will total $1,200,000. In Mayo's interim income statement for the six months ended June 30, 2018, what is the total amount of expense relating to these two items that should be reported
Depreciation for the year $600,000 Employee bonuses $1,200,000 Total expenses for the year 1,800,000 Expenses to be reported in interim income statement 1,800,000=$900,000
