Compatibility Services acquired an $80,000 machine on January 1,20X3.The machine is estimated to have a useful life of 8 years,and a residual value of $4,000.For units-of-production depreciation purposes,the machine is expected to produce 400,000 units.If Compatibility Services uses double-declining-balance depreciation,what is the depreciation expense in 20X5?
A) $ 5,184
B) $ 5,760
C) $11,250
D) $14,400
E) $16,000
Correct Answer:
Verified
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Q25: The double-declining-balance method of depreciation
A)causes less depreciation
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A)cost less salvage
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