Use the Following Information for Questions Below

question 59

Multiple Choice

Use the following information for questions below
Ponderosa Farms purchased some equipment on January 1,2020 for $12,600.The equipment has an estimated useful life of 10 years and an estimated residual value of $1,200.The company uses double-declining-balance depreciation.
-The net book value on January 1,2021 would be

• A)$10,080.
• B)$10,320.
• C)$11,340.
• D)$11,460.

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Definitions:

GPU

A specialized electronic circuit designed to rapidly manipulate and alter memory to accelerate the creation of images in a frame buffer intended for output to a display device.

3-D Graphics

Visual representations in three dimensions, providing a realistic depth and perspective to digital images or animations.

Image Processing

A method to convert an image into digital form and perform some operations on it, to enhance or extract information.

Gigabytes (GB)

A unit of digital information storage equal to approximately one billion bytes (1,073,741,824 bytes), commonly used to quantify the size of data stored or processed by computers.