Asset C3PO Has a Depreciable Base of $16

question 77

Multiple Choice

Asset C3PO has a depreciable base of $16.5 million and a service life of 10 years. What would the accumulated depreciation be at the end of year five under the sum-of-the-years' digits method?

• A)$ 4.5 million.
• B)$8.25 million.
• C)$ 12 million.
• D)None of these is correct.$16.5 million [(10 + 9 + 8 + 7 + 6)/55] = $12 million