What Would Be the Depreciation Expense Using Double Declining-Balance to Compute

question 41

Multiple Choice

What would be the depreciation expense using double declining-balance to compute the expense for year 2 of a machine costing $20,000,when residual value is $3,000,and useful life is 4 years?

• A)$3,600
• B)$6,000
• C)$5,000
• D)$3,000

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