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o. $126,000 The Hawail Company purchases a machine on 1/1/21 Detalls In Cost $80,000 Salvage value $ 4,000 Estimated life 10 years Assume Double-declining balance
o. $126,000 The Hawail Company purchases a machine on 1/1/21 Detalls In Cost $80,000 Salvage value $ 4,000 Estimated life 10 years Assume Double-declining balance depreciation. Indicate the following amount: Select one o a 12/3122 Accumulated Depreciation $28,800 12:31:22. Accumulated Depreciation $12,800 12/31/22 Accumulated Depreciation $16,000 12/3122 Accumulated Depreciation $27,360 1272 1:22 Accumulated Depreciation $15,000 Damaged or obsotele inventory may have a value below original cost. It should be written down to Select one 1. Cost using the FIFO assumption b. Cost using the LIFO assumption Costless Cost to Sett d Sales Velveless Cost to Sell
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