申論題

四、Marlow Company purchased equipment on January 1，2013 for $90,000. It is estimated that the equipment will have a $5,000 residual value at the end of its 5-year useful life It is also estimated that the equipment will produce 100,000 units over its 5-year life Instructions Answer the following independent questions.

3. If the company uses the double-declining-balance method of depreciation, what is the balance of the Accumulated Depreciation一Equipment account at December 31, 2015? (5%)