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Using the Straight-Line Method, Depreciation for 2014 and Book Value

Question 124

Multiple Choice

Using the straight-line method, depreciation for 2014 and book value at December 31, 2014, would be:

A) $10,000 and $20,000.
B) $10,000 and $25,000.
C) $11,250 and $17,500.
D) $11,250 and $22,500.

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