In Its Financial Statements, Shoreham Uses Straight-Line Depreciation with the Half-Year

question 33

Multiple Choice

In its financial statements, Shoreham uses straight-line depreciation with the half-year convention. The book value of the equipment at December 31, 2009, will be:

• A) $26,600.
• B) $42,000.
• C) $34,800.
• D) Some other amount.

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