A Machine with a Cost of $75,000 Has an Estimated

question 15

Multiple Choice

A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining-balance method?

• A) $17,500
• B) $37,500
• C) $18,750
• D) $16,667

---

Definitions:

Economists

Professionals who study how societies use scarce resources to produce valuable commodities and distribute them among different people.

Environmentalists

Individuals or organizations focused on protecting the environment and advocating for practices and policies that minimize ecological damage.

Pollution

The infusion of toxins into the natural surroundings, causing detrimental alterations.

Environmental Standards

Regulations and criteria set by authorities concerning pollutants and emissions to preserve environmental quality.