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BSA Malakas Co. purchased equipmemt on January 2, 2011 for 50,000. The equipment has an estimated five -year service life. Turtle's policy for five-year assets
BSA Malakas Co. purchased equipmemt on January 2, 2011 for 50,000. The equipment has an estimated five -year service life. Turtle's policy for five-year assets is to use the 200% double-declining depreciation method for the first two years of the assets's life and then switch to the straight -line depreciation method, in its December 31, 2013 balance sheet, what amount should BSA Malakas Co. report as accumulated depreciation for equipment?
a.) 38,000
b.) 30,000
c.) 42,000
d.) 39,200
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