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Matson's controller considered adopting the double declining balance (DDB) method of depreciation for Lurline, instead of the straight-line method. Under the DDB method, the net
Matson's controller considered adopting the double declining balance (DDB) method of depreciation for Lurline, instead of the straight-line method. Under the DDB method, the net carrying value of Lurline at 12/31/2024 will be:
a. $203,627 |
b. $193,445 |
c. $205,482 |
d. $195,707 |
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