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QUESTION 1 Use the following December 31,2017 information to answer the next 3 questions: Cost Useful life Salvage value Purchase date Depreciation Method Machine S20,000
QUESTION 1 Use the following December 31,2017 information to answer the next 3 questions: Cost Useful life Salvage value Purchase date Depreciation Method Machine S20,000 7 years S 1,100 Machine B $13,500 50,000 units S 2,500 Machine S10,800 5 years S 2,500 Straight-line Units of Production Double-declining balance What is the amount of accumulated depreciation for Machine A, on the December 31, 2017 balance sheet? OA. S10,800 B. s10,125 C. s9,900 D.s8,100 E. s2,700 QUESTION 2 Machine B produced 7,200 units during 2017. The book value associated with Machine B on December 31, 2017 would be: S1,584 B. s792 C.$1,944 OD. S11,916 OE. S11556
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