Multiple Choice
Use the following information for questions:
Western Farms purchased some equipment on January 1, 2011 for $12,600.The equipment has an estimated useful life of 10 years and an estimated residual value of $1,200.The company uses double-declining-balance amortization.
-Amortization expense for 2011 would be:
A) $1,140
B) $1,260
C) $2,280
D) $2,520
Correct Answer:

Verified
Correct Answer:
Verified
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