Question: MULTIPLE CHOICE. Choose the one alternative that best completes the state ment or answers the question. 1) Archie Co. purchased a framing machine for $45,000

 MULTIPLE CHOICE. Choose the one alternative that best completes the state

MULTIPLE CHOICE. Choose the one alternative that best completes the state ment or answers the question. 1) Archie Co. purchased a framing machine for $45,000 on January 1, 2018. The is expected to have a four-year life, with a residual value of $5,000 at the end of four years. sing the double-declining balance method, depreciation for 2019 and book valueat December 31, 2019, would be: A) $11,250 and $11,250. C) $10,000 and $10,000. B) $11,250 and $6,250. D) $10,000 and $5,000

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