Multiple Choice
Refer to the information above. Assume that in its financial statements, Tilton Products uses the 200%-declining-balance method and the half-year convention. Depreciation expense in 2009 and 2010 will be:
A) $11,000 in 2009 and $19,250 in 2010.
B) $22,000 in 2009 and $12,571 in 2010.
C) $22,000 in 2009 and $7,857 in 2010.
D) $11,000 in 2009 and $22,000 in 2010.
Correct Answer:
Verified
Correct Answer:
Verified
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