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Using the Double-Declining Balance Method, Depreciation for 2009 and Book

Question 90

Multiple Choice

Using the double-declining balance method, depreciation for 2009 and book value at December 31, 2009, would be:


A) $22,500 and $22,500.
B) $22,500 and $17,500.
C) $20,000 and $25,000.
D) $20,000 and $20,000.Depreciation in 2009 = $45,000 50% = $22,500 Book value, 12/31/09 = $45,000 22,500 = $22,500

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