Question
A machine with a cost of $61,700 has an estimated residual value of $3,423 and an estimated life of 5 years or 16,515 hours. What
A machine with a cost of $61,700 has an estimated residual value of $3,423 and an estimated life of 5 years or 16,515 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?
a.$12,340.00
b.$14,808.00
c.$24,680.00
d.$23,310.80
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Behavioural Public Finance Individuals, Society, And The State
Authors: M Mustafa Erdogdu
1st Edition
0367631202, 9780367631208
