Multiple Choice
On January 1, 2019, Camire, Inc. purchased a new machine for $160,000. Its estimated useful life is eight years with an expected salvage value of $12,000.
Assuming double-declining balance depreciation, 2019 depreciation expense is:
A) $20,000
B) $13,500
C) $37,000
D) $40,000
Correct Answer:
Verified
Correct Answer:
Verified
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