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Using the Double-Declining Balance Method, Depreciation for 2013 and Book

Question 122

Multiple Choice

Using the double-declining balance method, depreciation for 2013 and book value at December 31, 2013, would be:

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

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