On January 1,2019,a Machine Has a Remaining Book Value of $5,000.The

question 189

Multiple Choice

On January 1,2019,a machine has a remaining book value of $5,000.The residual value of the machine is $1,500.The company uses the double-declining-balance method of depreciation.If 2019 is the last year for depreciation,what is Depreciation Expense for the year ending December 31,2019?

• A)$0
• B)$1,500
• C)$3,500
• D)$5,000

---

Definitions:

Positive Correlation

A relationship between two variables where they both increase or decrease together.

Depression

A common and serious medical illness that negatively affects how one feels, thinks, and handles daily activities, characterized by persistent feelings of sadness and/or a lack of interest.

Heart Disease

A broad term for a range of diseases affecting the heart and blood vessels, often related to atherosclerosis or buildup of plaques in the walls of arteries.

Type B Personality

A personality style marked by relatively relaxed, patient, easygoing, amicable behavior.