Your company uses the DDB method. Assets purchased between the 1st and 15th of the...
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Accounting
Your company uses the DDB method. Assets purchased between the 1st and 15th of the month are depreciated for the entire month; assets purchased after the 15th of the month are treated as though they were acquired the following month. On July 1, 20X1, your company purchases a machine for $200,000 with a useful life of 10 years and a salvage value of $20,000. What is 20X2 depreciation expense? $32,000 $32,400 $28,800 $36,000
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