#14 and #15

A company purchased factory equipment for $460000. It is estimated that the equipment will have a $46000 salvage value at the end of its estimated 8-year useful life. If the company uses the double- declining-balance method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be $115000 $77625 $103500 O $86250. Question 15 3 pts A company purchased office equipment for $38000 and estimated a salvage value of $6000 at the end of its 8-year useful life. The constant percentage to be applied against book value each year if the double-declining-balance method is used is O 12.5% 0 2.596 O 25.0% 8.0%