Timed Testhis test has a time limt of 2 ours and lmnutes arn

Timed Testhis test has a time limt of 2 ours and lmnutes arnings appear when hailf the time Sminutes 1t c Como his est can be Remaining Time 1 hour 12 minubes. 35 secods Question Completiom Statu 10 Moving to anther queston w this epe Question 4 85124 ,

Solution

Answer B. $1,248 Rate of Depreciation under DDBM = 2 X 20% (Rate under Straight Line Method) Rate of Depreciation under DDBM = 40% Cost of Equipment - Jan 1, 2014          5,200 Less: Depreciation - $5,200 X 40%          2,080 WDV on Dec 31, 2014          3,120 Less: Depreciation - $3,120 X 40%          1,248 WDV on Dec 31, 2015          1,872 Depreciation For 2015 = $1,248