Jeremiah Co

question 30

Multiple Choice

Jeremiah Co. purchased a machine on January 1, 2017 for $22,500. The machine had an estimated useful life of 10 years and an estimated residual value of $2,500. The company uses double-declining-balance depreciation. Assuming Jeremiah Co. uses straight-line depreciation, what would be the book value of the machine on December 31, 2021?

• A) $ 0
• B) $2,000
• C) $2,250
• D) $2,500

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Definitions:

Psychopathology

The study of mental disorders, including their symptoms, etiology (causes), and treatment, focusing on the maladaptive behaviors and thoughts that characterize mental illness.

DBT Perspective

Pertains to Dialectical Behavior Therapy, a cognitive-behavioral approach that emphasizes the development of coping skills for emotional regulation, distress tolerance, interpersonal effectiveness, and mindfulness.

Emotional Reactivity

The tendency of an individual to respond to various stimuli in their environment with an emotional response, which can vary in intensity and duration.

Ruminative Thinking

A pattern of repetitive and passive focus on one's symptoms of distress and its possible causes and consequences, rather than solutions.