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MMLU-Pro / 286 / A canning company bought a …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

A canning company bought a $15,000 piece of machinery for its vegetable farm. The machinery is expected to last six years at which time it will have no residual value. The company wishes to use the maximum percentage allowable under the declining-balance method for computing the depreciation. Find the depreciation and book value for the first three years of operation.

category

business

options

  1. Year 1: $4,500, Year 2: $2,700, Year 3: $1,620
  2. Year 1: $5,000, Year 2: $3,333, Year 3: $2,222
  3. Year 1: $6,000, Year 2: $3,600, Year 3: $2,160
  4. Year 1: $2,500, Year 2: $1,667, Year 3: $1,111
  5. Year 1: $2,000, Year 2: $1,200, Year 3: $720
  6. Year 1: $3,750, Year 2: $2,250, Year 3: $1,350
  7. Year 1: $7,500, Year 2: $5,000, Year 3: $2,500
  8. Year 1: $3,333, Year 2: $2,222, Year 3: $1,481
  9. Year 1: $3,000, Year 2: $2,000, Year 3: $1,000
  10. Year 1: $4,000, Year 2: $2,400, Year 3: $1,440

src

stemez-Business

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Source and history

upstream_id / Original problem ID
286
task_id
9e6df176-9bf6-5488-bc21-0ba0a1ee38e6
task_key
default--test--286
task_revision_id
1
config / split
default / test

Official source

initial import