Question
A machine with a cost of $66,500 has an estimated residual value of $3,711 and an estimated life of 5 years or 19,773 hours. What
A machine with a cost of $66,500 has an estimated residual value of $3,711 and an estimated life of 5 years or 19,773 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?
a.$15,960.00
b.$26,600.00
c.$13,300.00
d.$25,115.60
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Financial Mathematics
Authors: Cacildo Marques
1st Edition
8741574710, 979-8741574713
