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Table 10-1 On January 1, 2013, Bark Manufacturing Company Ltd. purchased a machine for $27,500, and expects to use the machine a total of 32,000
Table 10-1 On January 1, 2013, Bark Manufacturing Company Ltd. purchased a machine for $27,500, and expects to use the machine a total of 32,000 hours over the next four years. Bark set the residual value on the machine at $3,500. Bark used the machine 6.000 hours in 2013 and 7.200 hours in 2014 Referring to Table 10- 1. what is the amortization expense for 2013 if Bark uses double - declining - balance amortization? O A. $6,000 O B. $6.875 OC. $13.750 OD. $12.000
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