Refer to the Information Above

question 127

Multiple Choice

Refer to the information above. Assume that in its financial statements, Tilton Products uses straight-line depreciation and the half-year convention. Depreciation expense recognized on this machinery in 2009 and 2010 will be:

• A) $7,500 in 2009 and $11,000 in 2010.
• B) $6,000 in 2009 and $12,000 in 2010.
• C) $5,000 in 2009 and $10,000 in 2010.
• D) $5,500 in 2009 and $11,000 in 2010.

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