Morten Co ,Which Uses the Double-Declining-Balance Method of Depreciation,purchased a New

question 62

Multiple Choice

Morten Co. ,which uses the double-declining-balance method of depreciation,purchased a new machine on January 1,2018.The machine cost $160,000,had an estimated useful life of 8 years and $20,000 residual value at the end of its useful life. What is the balance of the Accumulated Depreciation account at the end of 2019?

• A)$30,000
• B)$90,000
• C)$40,000
• D)$70,000

Appreciate the importance of accessibility and correctness in technical documents.

Recognize the importance of emotional intelligence in effective communication.

Comprehend the basic modes and processes of technical communication.

Understand the importance of audience and purpose in technical communication.

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