Homework Answers
Solution:
Double declining rate = 1/8 *2 = 25%
Depreciation upto Dec 31, 2017 (6 months) = $65000 *25%*6/12 = $8125
Depreciation for 2018 = ($65000 *25%*6/12) + ($65000*75%*25%*6/12)
= $8125 + 6094
= $14,219
Hence option "C" is correct.
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