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Using the Double-Declining Balance Method, Depreciation for 2010 Would Be

Question 54

Multiple Choice

Using the double-declining balance method, depreciation for 2010 would be:

A) $28,800.
B) $18,240.
C) $17,280.
D) None of these is correct.Depreciation, 2010 = [$72,000 ($72,000 40%) ] 40% = $17,280

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