Homework Answers
Answer: B. $ 244,800
Rate DDB depreciation = 100 / Useful Life * 2 = 100 / 5 * 2 = 40 %
Depreciation for first year = $ 1,020,000 x 40% = $ 408,000
Depreciation for second year = $ ( 1,020,000 - 408,000 ) * 40 % = $ 244,800.
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