Business, 06.12.2019 22:31 brinatperez06

Leaping deer company purchased a tractor at a cost of $240,000. the tractor has an estimated residual value of $40,000 and an estimated life of 8 years, or 12,000 hours of operation. the tractor was purchased on january 1, 2015 and was used 2,400 hours in 2015 and 2,200 hours in 2016.

what method of depreciation will produce the maximumdepreciation expense in 2015?
a. straight-line
b. double-declining-balance
c. units-of-production
d. all methods produce the same expense in 2015

Answers: 1

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Leaping deer company purchased a tractor at a cost of $240,000. the tractor has an estimated residua...