Business, 13.11.2019 06:31 tinaxiao

On january 2, 2019, kornis corporation acquired equipment for $ 1 comma 000 comma 000. the estimated life of the equipment is 5 years or 50 comma 000 hours. the estimated residual value is $ 40 comma 000. what is the balance in accumulated depreciation on december 31, 2019, if kornis corporation uses the double-declining-balance method of depreciation? (round any intermediary calculations to two decimal places and your final answer to the nearest dollar.)a) $100,000.b) $200,000.c) $184,000.d) $92,000.

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On january 2, 2019, kornis corporation acquired equipment for $ 1 comma 000 comma 000. the estimated...