Business
Business, 28.12.2019 04:31, lydialinton23

Cutter enterprises purchased equipment for $72,000 on january 1, 2018. the equipment is expected to have a five-year life and a residual value of $6,000. using the double-declining balance method, depreciation for 2018 and the book value at december 31, 2018, would be: a) $26,400 and $45,600 respectively. b) $28,800 and $43,200 respectively. c) $28,800 and $37,200 respectively. d) $26,400 and $36,600 respectively.

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