Use the following information:

• Cost: $10,000
• Salvage $1,000
• Useful life: 5 years
• Units over life: 36,000

1. What is the depreciation expense under straight-line?

A. $1,700

B. $1,800

C. $1,900

D. $2,000

2 What is the second year depreciation expense under declining-balance = 200%?

A. $4,000

B. $1,440

C. $864

D. $2,400

3What is the fourth year depreciation expense under sum-of-years digits?

A. $2,400

B. $1,000

C. $1,100

D. $1,200

4Assume the asset produced 13,000 units. What is the depreciation expense under the units of production method?

A. $1,300

B. $2,500

C. $3,250

D. $4,250

5Assume the declining-balance = 200% method is used. What is the book value at the end of year 2?

A. $6,000

B. $3,600

C. $2,160

D. $1,296