Using the Sum-Of-The-Years'-Digits Method, Depreciation for 2009 and Book Value

Multiple Choice

Using the sum-of-the-years'-digits method, depreciation for 2009 and book value at December 31, 2009 would be:

A) $22,000 and $44,000.
B) $22,000 and $50,000.
C) $24,000 and $48,000.
D) $24,000 and $42,000.Depreciation, 2009 = ($72,000 6,000) 5/15 = $22,000 Book value, 12/31/2009 = $72,000 22,000 = $50,000