5:36 Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $152,000. The asset is expected to have a salvage value of $16,300 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the asset's book value on December 31, Year 2 will be: Multiple Choice $32,832 $82,080 $44,388 $136,800 $29,592

Beckman Enterprises purchased a depreciable asset on October 1, Yoar 1 at a cost of $152,000. The asset is expected to have a salvage value of $16,300 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the assers book vatue on December 31 , Year 2 will be: Multiple Choice $32,832 $82,080 $44,388 $136,800 $29,592