Using the Double-Declining Balance Method, Depreciation for 2009 and the Book

question 105

Multiple Choice

Using the double-declining balance method, depreciation for 2009 and the book value at December 31, 2009 would be:

• A)$26,400 and $45,600.
• B)$28,800 and $43,200.
• C)$28,800 and $37,200.
• D)$26,400 and $36,600.Depreciation, 2009 = $72,000 40% = $28,800 Book value, 12/31/09 = $72,000 28,800 = $43,200

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