On January 1,2013,Zane Manufacturing Company Purchased a Machine for $40,000

question 170

Multiple Choice

On January 1,2013,Zane Manufacturing Company purchased a machine for $40,000.The company expects to use the machine a total of 24,000 hours over the next 6 years.The estimated sales price of the machine at the end of 6 years is $4,000.The company used the machine 8,000 hours in 2013 and 12,000 in 2014.
-What is the book value of the machine at the end of 2014 if the company uses double-declining-balance depreciation?

• A) $20,000
• B) $17,778
• C) $13,333
• D) $28,000

---

Definitions:

Placebo Treatment

A treatment or procedure that is given to a control group during research studies which has no therapeutic effect but is identical in appearance to the actual treatment being tested.

Child Abuse

The nonaccidental use of excessive physical or psychological force by an adult on a child, often aimed at hurting or destroying the child.

Nonaccidental

An event or action that is purposeful and intentional, not occurring by chance.

Excessive Force

The application of force in a degree or manner that is not necessary, reasonable, or proportional to the situation, often discussed in the context of law enforcement.