Multiple Choice
Asset C3PO has a depreciable base of $16.5 million and a service life of 10 years. What would the accumulated depreciation be at the end of year five under the sum-of-the-years' digits method?
A) $ 4.5 million.
B) $8.25 million.
C) $ 12 million.
D) None of these is correct.$16.5 million [(10 + 9 + 8 + 7 + 6) /55] = $12 million
Correct Answer:

Verified
Correct Answer:
Verified
Q20: One of the advantages of group and
Q46: Accounting for a change in the estimated
Q72: Broadway Ltd. purchased equipment on 1/1/07 for
Q73: A change in the estimated useful life
Q74: Using the straight-line method, depreciation for 2009
Q77: A change in the estimated recoverable units
Q79: Briefly discuss why straight-line is most common
Q89: Briefly explain the disclosures that are required
Q126: The depreciable base for an asset is:<br>A)Its
Q180: Briefly explain the differences between the terms