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Determining the double-declining-balance

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At the beginning of last year, Brentwood Corporation purchased a piece of heavy equipment for $88,000. The equipment has a life of five years or 100,000 hours. The estimated residual value is $8,000. Bremond used the equipment for 19,000 hours last year and 22,000 hours this year. Depreciation expense for year two using double-declining-balance (DDB) and units-of-production (UOP) methods would be as follows:

DDB UOP

A. $19,200 $19,360

B. $19,200 $17,600

C. $21,120 $19,360

D. $21,120 $17,600

Reference no: EM131803027

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