Use the Following Information for Questions

question 15

Multiple Choice

Use the following information for questions.
On January 1, 2018, Anvil Corp. purchased equipment for $60,000. It was expected to last 5 years, after which it will be sold for $5,000. It is expected to be used for a total of 10,000 machine hours, and was used for 750 hours during the year ended December 31, 2018.
-The depreciation expense for 2018 using the double diminishing-balance method will be

• A) $11,000.
• B) $12,250.
• C) $12,000.
• D) $24,000.

---

Definitions:

Psychological Disorders

Mental health conditions characterized by alterations in thinking, mood, or behavior associated with distress or impaired functioning.

Cultural Influence

The impact that the beliefs, values, practices, and social norms of a society or group have on the behavior and attitudes of its members.

Mental Institution

A facility for the treatment, care, and rehabilitation of individuals with mental health issues or disorders.

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states or identities within a single individual.