Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / P = 164,000, N=25 and S25 = 17,000
P = 164,000, N=25 and S25 = 17,000. Find D12 using double-declining balance approach associated with the book method
Computation of the D12:-
Double declining depreciation rate (r) = 2 / 25
= 8%
n = 12
Depreciation = P *(1-r)^(n-1) * r
= $164,000*(1-8%)^(12-1)*8%
= $164,000*0.03197
= $5,243.24
