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Assume Lloyd Uses 150%-Declining-Balance Depreciation with the Half-Year Convention

Question 62

Multiple Choice

Assume Lloyd uses 150%-declining-balance depreciation with the half-year convention. Depreciation expense to be recognized in 2009 (the year of purchase) is:


A) $8,400.
B) $6,300.
C) $12,600.
D) Some other amount.

Correct Answer:

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