Using the Straight-Line Method, Depreciation for 2010 and the Equipment's

Multiple Choice

Using the straight-line method, depreciation for 2010 and the equipment's book value at December 31, 2010 would be:

A) $14,400 and $43,200.
B) $28,800 and $37,200.
C) $13,200 and $39,600.
D) $13,200 and $45,600.Depreciation, 2010 = ($72,000 6,000) 5 = $13,200 Book value, 12/31/10 = $72,000 (2 13,200) = $45,600