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Question: o d curendar year unless otherwise statet 1 your company...

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o d curendar year unless otherwise statet 1. Your company uses the DDB method. Assets purchased betweeththey were depreciated for the entire month; assets purchased after the 15m as acquired the ollowing month. On May 1,20X1, it purchases for s253 with a useful life of 12 years and a salvage value of $10,000. book value at the end of 20X2? 1st and 15th are though they were he machines $250,000 a machi What is the machines ne a. $173,611 b. $185,185 c. $208,323 d. $215,.278 2 Your company uses the DDB method. Assets purchased between the 1t an depreciated for the entire month; assets purchased after the 15th as though they were acquired the following month. On July 1, 20X1, it purchases for $200,000 machine with a useful life of 10 years and a salvage value of $20,000. What is 20X2 depreciation expense? a. $38,800 b. $32,400 c. $32,000 d. $36,000 On January 1, 20X1, your company purchases for $500,000 a machine with a useful life of 12 years and a salvage value of $25,000. If your company uses DDB depreciation, what is 2004 expense? a. $48,225 b. $45,814 C. $47,839 d. $45,428 3. Your company uses the DDB method. Assets purchased between the 1st and 15th are depreciated for the entire month; assets purchased after the 15th as though they were acquired the following month. On April 6, 20X1, your firm purchases for $250,000 a machine that management estimates will last 15 years and have a salvage value of $10,000. What is 20X1 depreciation expense? a. $21,333 b. $25,000 c. $33,333 4. d. $32,000 Your firm uses 150% depreciation. Assets purchased between the 1st and 15th are depreciated for the entire month; assets purchased after the 15th as though they were acquired the following month. On March 12, 20X1, your company purchases for $200,000 a machine that it estimates will last 10 years and have a salvage value of 5. $60,000. What is 20X1 depreciation expense? a. $21,000 b. $30,000 C. $17,500 d. $25,000
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