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Using the Straight-Line Method, Depreciation for 2013 and Book Value

Question 46

Multiple Choice

Using the straight-line method, depreciation for 2013 and book value at December 31, 2013, would be:

A) $10,000 and $30,000.
B) $11,250 and $28,750.
C) $10,000 and $35,000.
D) $11,250 and $33,750.

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