Using the Double-Declining Balance Method, the Book Value at December

question 21

Multiple Choice

Using the double-declining balance method, the book value at December 31, 2010 would be:

• A)$14,400.
• B)$24,960.
• C)$27,360.
• D)$25,920.Book value, 12/31/10 = $72,000 28,800 17,280 = $25,920

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