A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and a salvage value of $400.?

the value of the asset at the end of its useful life is $864

C. $864. THAT IS CURRECT ANSWER 

D. 1K.........................................................................

Straight-Line Depreciation Percent = 100% / 10 years = 10% / year

Depreciation Rate = 2 x 10% = 20% / year

Depreciation for a Period = 20% x Book Value at Beginning 

• Depreciation for Period 1 = 20% x $5,400= $1,080
• Depreciation for Period 2 = 20% x (Accumulated Depreciation:$5,400- $1,080) =  $864

Answer Is C : 864 doubble declining method .Sure

1. • Straight-Line Depreciation Percent = 100% / 10 years = 10% / year
   • Depreciation Rate = 2 x 10% = 20% / year
   • Depreciation for a Period = 20% x Book Value at Beginning of the Period
     • Depreciation for Period 1 = 20% x $5,400= $1,080
     • For Periods 2 and greater, depreciation is 20% x ($5,400- Accumulated Depreciation )
     • Depreciation for Period 2 = 20% x ($5,400- $1,080) =  $864

For solving above question when used double decline method got a percentage rate of and for first year we get $ depreciation exp and for second year we get $ and accumulated depreciation would be $

C. Is the correct answer . . . . . .