Multiple Choice
Using the sum-of-the-years'-digits method, depreciation for 2009 and book value at December 31, 2009 would be:
A) $18,000 and $27,000.
B) $16,000 and $29,000.
C) $16,000 and $24,000.
D) $18,000 and $22,000.Depreciation in 2009 = ($45,000 5,000) 4/10 = $16,000 Book value, 12/31/09 = $45,000 16,000 = $29,000
Correct Answer:
Verified
Correct Answer:
Verified
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