On April 1, 2013, Omega Company paid $15,000 for office furniture. The furniture is expected to last 10 years with no residual value. Omega uses the double declining balance method of depreciation and fractional-year depreciation based on the number of months.
Required:
What is the depreciation expense for the year ended December 31, 2013?

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The Answer of On April 1, 2013, Omega Company paid $15,000 for office furniture. The furniture is expected to last 10 years with no residual value. Omega uses the double declining balance method of depreciation and fractional-year depreciation based on the number of months.
Required:
What is the depreciation expense for the year ended December 31, 2013?

On April 1, 2013, Omega Company Paid $15,000 for Office