Exhibit 11-2 Bryan Purchased a Business Computer for $4, 500

Exhibit 11-2 Bryan purchased a business computer for $4, 500 on August 3, 2010.It has an estimated residual value of $500 and an expected service life of five years.Bryan uses double-declining-balance depreciation computed to the nearest whole month.
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Refer to Exhibit 11-2.The accumulated depreciation balance at December 31, 2011, should be

A) $1, 750
B) $2, 000
C) $2, 250
D) $2, 340

Correct Answer:

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