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If Run & Go uses the straight-line method, how much depreciation expense should

ID: 2353391 • Letter: I

Question

If Run & Go uses the straight-line method, how much depreciation expense should Run & Go recognize in 2010?
a. $3,150
b. $3,500
c. $11,250
d. $12,500
3. none of the above

If Run & Go uses double-declining balance method, how much depreciation expense should Run & Go recognize in 2010?
a. $6,300
b. $7,000
c. $22,500
d. $25,000
e. none of the above.

If Run & Go uses the units-of-production method, how much depreciation expense should Run & Go recognize in 2010?
a. $8,000
b. $9,000
c. $11,250
d. $12,500
e. $12,600

Explanation / Answer

b c a