Using the Double-Declining Balance Method,depreciation for 2016 and Book Value

question 72

Multiple Choice

Using the double-declining balance method,depreciation for 2016 and book value at December 31,2016,would be:

• A)$22,500 and $22,500.
• B)$22,500 and $17,500.
• C)$20,000 and $25,000.
• D)$20,000 and $20,000.

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