Question
A machine with a cost of $ 65,000 has an estimated residual value of $ 5,000 and an estimated life of 10 years or 18,000
A machine with a cost of $ 65,000 has an estimated residual value of $ 5,000 and an estimated life of 10 years or 18,000 hours. What is the amount of depreciation for the second full year, using the declining balance method?
A. $ 15,000 B. $ 13,000
C. $ 16,250 D. $ 10,400
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ERP Digital License Management Audit And Compliance
Authors: Gangesh Thakur, Jay Kalaimani
1st Edition
1799104079, 978-1799104070
