On January I, 2008 Opko Printing Company purchased a new printing press for $80,000 with an...

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On January I, 2008 Opko Printing Company purchased a new printing press for $80,000 with an estimated residual value of $8,000. It depreciates the press over a five year period using the declining balance method of depreciation. (a) The depreciation expense for Dec. 31 2012 is None of the above 2$ 6,912 3 $ 19,200 4 $ 11,520 5) $ 2,368 On January I, 2008 Opko Printing Company purchased a new printing press for $80,000 with an estimated residual value of $8,000. It depreciates the press over a five year period using the declining balance method of depreciation. (a) The depreciation expense for Dec. 31 2012 is None of the above 2$ 6,912 3 $ 19,200 4 $ 11,520 5) $ 2,368

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