Question

Kenzie Company purchased a 3.D printer for $360,000, Although this printer is expected to last for ten years, Kenzle knows the technology wiil become old quickly and so she plans to replace this printer in three years. Kenale Company will be able to sell the printer for $30, 000. Using the double-deciling-balance method, what amount will be recorded as depreciation expense each year, and what will the book value be at the end of each year after depreciation is recorded? Round final answers to nearest whole dollar amount.

Answer 1

Answer: Ok so what we have here is 360,000 and 300,000 the answer will be 660,000

Explanation: because you will get the total number but if it is subtraction it will be 60,000