Midlothian Ltd Uses Composite-Rate Depreciation Rate at 12

Multiple Choice

Midlothian Ltd uses composite-rate depreciation rate at 12.5% p.a. for its office equipment. The office equipment account had a $17 000 balance of the beginning of the period and a $33 000 balance at the end of the accounting period. The annual charge for depreciation is:

A) $2062.
B) $4125.
C) $3125.
D) $6250.