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Question - BSA Malakas Co. purchased equipment on January 2, 2011 for 50,000. The equipment had an estimated five-year service life. Turtle's policy for 5-year assets is to use the 200% double-declining depreciation method for the first 2 years of the assets lifeand then switch to to the straight line depreciation method. In its December 31, 2013 balance sheet, what amount should BSA Malakas Co. report as accumulated depreciation for equipment?
a) 38,000
b) 30,000
c) 42,000
d) 39,200
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