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On 1/1/18, Stewart bought a cement mixer for $45,000. It has a $9,000 salvage value and 5 year useful life. Under sum of years digits,

  1. On 1/1/18, Stewart bought a cement mixer for $45,000. It has a $9,000 salvage value and 5 year useful life. Under sum of years digits, 2019 depreciation and 12/31/19 book value are:

    A.

    $9,600 and $23,400 respectively.

    B.

    $9,600 and $14,400 respectively.

    C.

    $9,600 and $28,200 respectively.

    D.

    $12,000 and $9,000 respectively.

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