An Asset Costs $80,000 and Has a Salvage Value of $7,000.It

question 76

Multiple Choice

An asset costs $80,000 and has a salvage value of $7,000.It has a four-year life.Using double-declining-balance depreciation,Year 2 depreciation would be:

• A) $15,000.00.
• B) $15,437.50.
• C) $20,000.00.
• D) $18,250.00.

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Definitions:

Antipyretics

Medications or substances that reduce fever by lowering the body temperature from a raised state.

Bacteria

Microscopic, single-celled organisms found almost everywhere, which can be beneficial, neutral, or harmful to humans and other organisms.

Febrile Seizures

Seizures that occur in a young child with a fever, typically without any brain or spinal cord infection or injury.

Antibiotics

Medications used to prevent and treat bacterial infections by killing or inhibiting the growth of bacteria.