Solar Products Purchased a Computer for $13,000 on July 1

question 89

Multiple Choice

Solar Products purchased a computer for $13,000 on July 1, 2010.The company intends to depreciate it over 4 years using the double-declining balance method.Residual value is $1,000.Depreciation for 2010 is

• A)$6,500
• B)$3,250
• C)$4,875
• D)$3,000

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Definitions:

Listener

A person who actively engages in the process of listening, which includes giving attention to and processing what others are saying.

Encourager

A person or stimulus that motivates or inspires others to take action or continue with a task, often providing support, confidence, or enthusiasm.

Maintenance Role

Activities or functions performed within a group to encourage cohesion, support interpersonal relations, and ensure the group's sustainability.

Support Group

A group of people with common experiences or concerns who provide each other with encouragement, comfort, and advice.