Multiple Choice
On January 1, 2019, Fullerton, Inc. purchased a new machine for $180,000. Its estimated useful life is eight years with an expected salvage value of $18,000.
Assuming double-declining balance depreciation, 2020 depreciation expense is:
A) $45,000
B) $30,375
C) $33,750
D) $40,500
Correct Answer:
Verified
Correct Answer:
Verified
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