A Machine with a Cost of $75,000 Has an Estimated

question 96

Multiple Choice

A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours.What is the amount of depreciation for the second full year,using the double-declining-balance method?

• A)$17,500
• B)$18,750
• C)$37,500
• D)$16,667

---

Definitions:

Calvin Cycle

A series of biochemical reactions taking place in the chloroplasts of photosynthetic organisms during photosynthesis, where atmospheric carbon dioxide is converted into glucose.

ATP

Adenosine Triphosphate, a molecule that stores and transfers energy within cells, fundamental for cellular processes.

NADPH

Nicotinamide adenine dinucleotide phosphate, a coenzyme involved in anabolic reactions, acting as a reducing agent in biosynthetic processes.

Absorption Spectrum

A spectrum that shows the wavelengths of electromagnetic radiation absorbed by a substance, useful in identifying chemical compounds.