Question
Examine the depreciation table shown below. The depreciation method most likely being used is the: Year Beginning of Year Book Value Depreciation Expense Net Book
Examine the depreciation table shown below. The depreciation method most likely being used is the:
| Year | Beginning of Year Book Value | Depreciation Expense | Net Book Value |
| 1 | $10,000 | $1,000 | $9,000 |
| 2 | 9,000 | 2,000 | 7,000 |
| 3 | 7,000 | 1,000 | 6,000 |
| 4 | 6,000 | 3,000 | 3,000 |
| 5 | 3,000 | 500 | 2,500 |
Select one:
a. Double-declining balance method
b. Periodic method
c. Straight-line method
d. Units-of-production method
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Microeconomics Theory And Applications
Authors: Edgar K. Browning, Mark A. Zupan
13th Edition
1119368928, 9781119368922
