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Using the Sum-Of-The Years'-Digits Method, Depreciation for 2010 and Book

Question 83

Multiple Choice

Using the sum-of-the years'-digits method, depreciation for 2010 and book value at December 31, 2010, would be


A) $13,500 and $13,500.
B) $13,500 and $8,500.
C) $12,000 and $17,000.
D) $12,000 and $12,000.Depreciation in 2010 = ($45,000 5,000) 3/10 = $12,000 Book value, 12/31/10 = $45,000 16,000 12,000 = $17,000

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