10) Units of activity depreciation method:?

A.Is not allowed under Canadian GAAP

B.Will always result in a smaller depreciation expense in the first year of depreciation than the straight line method

C.Always results in a larger depreciation expense in the first year of depreciation than the straight line method

D.Multiplies a constant rate times the gross cost of the asset (ignores salvage)

E.None of the above

8) On January 1, 2013, Dexter Corporation purchased a piece of equipment, which is being depreciated on a double declining balance basis over a useful life of 5 years, with a residual value of $20,000. The equipment's accumulated depreciation account has a credit balance of $96,000 and an adjusted credit balance of $117,600 on January 1, 2015 and December 31, 2015, respectively. The original cost of the equipment is:

A.$150,000

B.$170,000

C.$148,000

D.None of the other alternatives are correct

E.$128,000