Beckman Enterprises purchased a depreciable asset on October 1, Year at a cost of $ 100,000.The asset is expected to have a salvage value of $ 20,000 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:

a.$ 36,000 b.$ 54,000 c.$ 16,000 d.$ 42,000

================

An asset can be disposed of by all of the following except:

a.Discarding it b.Exchanging it for another asset.C. Continuing to use it after it is fully depreciated.d.Selling it.

---------------

Please Solve As soon as

Solve quickly I get you thumbs up directly

Thank's

Abdul-Rahim Taysir