Using the double-declining balance method, depreciation for 2014 and book value at December 31, 2014, would be:
A)$10,000 and $5,000.
B)$10,000 and $10,000.
C)$11,250 and $6,250.
D)$11,250 and $11,250.

Question

Quizplus · Accepted Answer

The Answer of Using the double-declining balance method, depreciation for 2014 and book value at December 31, 2014, would be:
A)$10,000 and $5,000.
B)$10,000 and $10,000.
C)$11,250 and $6,250.
D)$11,250 and $11,250.

Using the Double-Declining Balance Method, Depreciation for 2014 and Book