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On January 1, 2018 .Hobart Mfg.Co purchased a drill press at a cost of $35,000. The drill press is expected to last 10 years and

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On January 1, 2018 .Hobart Mfg.Co purchased a drill press at a cost of $35,000. The drill press is expected to last 10 years and have a 4.000 Compute depreciation for 2019 assuming the drill acquisition and the double-declining balance method is used: press was acquired on 1/1/18, the company reports a full year of depreciation in the year of O $5,760 36,000 54.800 None of the above

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