A Machine Is Purchased on January 1,2018,for $90,000

question 64

Multiple Choice

A machine is purchased on January 1,2018,for $90,000.It is expected to have a useful life of five years and a residual value of $5,000.The company closes its books on December 31.Under the double-declining balance method,what is the total amount of depreciation to be expensed during the 2019?

• A)$21,600
• B)$22,000
• C)$22,400
• D)$34,000

---

Definitions:

Motor Skills

Abilities required to perform movements and tasks involving coordination between the brain and the muscles.

Learning Disabilities

refer to a range of neurological differences that affect how an individual understands, remembers, and responds to new information.

Mathematics

Mathematics is the abstract science of number, quantity, and space, either as abstract concepts (pure mathematics) or as applied to other disciplines such as physics and engineering (applied mathematics).

Literacy

The ability to read, write, and understand text, as well as to engage with and interpret written materials.