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Roho Company acquired equipment on July​ 1, 2019, for $100,000. The residual value is​ $20,000 and...

Roho Company acquired equipment on July​ 1, 2019, for $100,000. The residual value is​ $20,000 and the estimated life is 5 years or​ 40,000 hours. Compute the depreciation expense for the years ending December​ 31, 2019 and December​ 31, 2020 if Roho Company uses the double−declining−balance method of depreciation.

A. $9000 for​ 2019; $ 36400 for 2020

B. $20000 for​ 2019; $ 32000 for 2020

C. $4500 for​ 2019; $ 9000 for 2020

D. $40000 for​ 2019; $ 24000 for 2020

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ekkarill92 answered 1 year ago
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