Using the double-declining balance method, depreciation for 2009 and book value at December 31, 2009, would be:
A)$22,500 and $22,500.
B)$22,500 and $17,500.
C)$20,000 and $25,000.
D)$20,000 and $20,000.Depreciation in 2009 = $45,000 50% = $22,500 Book value, 12/31/09 = $45,000 22,500 = $22,500

Question

Quizplus · Accepted Answer

The double-declining balance method calculates depreciation by applying a constant rate (double the straight-line rate) to the book value at the beginning of each year. For 2009, the depreciation is $22,500, and the book value at the end of the year is also $22,500.

Using the Double-Declining Balance Method, Depreciation for 2009 and Book