Multiple Choice
On January 1, 2019, Hobbes, Inc. purchased a new machine for $576,000. Its estimated useful life is 10 years with an expected salvage value of $96,000.
Assuming double-declining balance depreciation, 2019 depreciation expense is:
A) $ 60,000
B) $ 36,000
C) $115,200
D) $ 96,000
Correct Answer:
Verified
Correct Answer:
Verified
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