Z Company purchased an asset for $24,000 on January 1, 2015. The asset was expected to have a four-year life and a $4,000 salvage value.

The amount of depreciation expense for 2015 using double-declining-balance would be

Question 5 options:

A)

$12,000.

B)

$3,000.

C)

$6,000.

D)

$2,000.

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