Multiple Choice
Refer to the information above. Assume that in its financial statements, Tilton Products uses straight-line depreciation and the half-year convention. Depreciation expense recognized on this machinery in 2009 and 2010 will be:
A) $7,500 in 2009 and $11,000 in 2010.
B) $6,000 in 2009 and $12,000 in 2010.
C) $5,000 in 2009 and $10,000 in 2010.
D) $5,500 in 2009 and $11,000 in 2010.
Correct Answer:
Verified
Correct Answer:
Verified
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