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Lunar Products Purchased a Computer for $13,000 on July 1

Question 113

Multiple Choice

Lunar Products purchased a computer for $13,000 on July 1, 2018. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is $4,000. What is depreciation for 2019?


A) $2,250
B) $3,250
C) $3,375
D) $4,875

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