Question
A machine with a cost of $51,700.00 has an estimated residual value of $3,180.00 and an estimated life of 5 years or 15,888 hours. What
A machine with a cost of $51,700.00 has an estimated residual value of $3,180.00 and an estimated life of 5 years or 15,888 hours. What is the amount of depreciation for the second full year, using the double declining-balance method?
Select the correct answer.
| a. | $20,680.00 | |
| b. | $19,408.00 | |
| c. | $10,340.00 | |
| d. | $12,408.00 |
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Internal Auditing Assurance And Advisory Services
Authors: Kurt R. Reding, Paul J. Sobel, Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Mark Salamasick, Cris Riddle
3rd Edition
0894137409, 978-0894137402
