Jefferson Company purchased equipment on January 1, 2017. The equipment cost $60,000 and has an estimated life of 8 years and a salvage value of $8,000. What was the depreciation expense for the equipment for 2018 under the double-declining-balance method?

$11250

Explanation:

Based on the information given in the question, the depreciation expense for the equipment for 2018 under the double-declining-balance method will be calculated thus:

Cost of Equipment = $60,000

Salvage Value = $8,000

Useful Life = 8 years

Double-declining-balance Depreciation Rate will be calculated as:

= 2 / Useful Life

= 2 / 8

= 25%

For 2017:

Beginning Book Value = $60,000

Depreciation Expense = 25% × $60,000 = $15,000

Ending Book Value = $60,000 - $15,000 = $45,000

2018:

Beginning Book Value = $45,000

Depreciation Expense = 25% × $45,000 = $11,250

Therefore, the depreciation expense for the equipment for 2018 under the double-declining-balance method is $11250.

Note that:

Ending Book Value = Beginning Book Value - Depreciation Expense

research question: do the predicted benefits of genetic enhancements outweigh the possible negative consequences of this technology?  

what information do i need to research in order to answer this question?  

-predicted benefits of genetic enhancements

-negative consequences of genetic enhancements

-existing, if any, consequences of the new technology

-possible consequences if the technology is perfected

what sources will have the information?

-scientific research documents or news articles summarizing research

-articles in science and medical journals, magazines, and electronic databases

-books

-experts at genetics: geneticists, scientists, professors

here you go have a nice day

it was surely an odd creature that one made up by reading the historians first and the poets afterwards a worm winged like an eagle; the spirit of life and elegance and charm,   in a kitchen chopping up suet. but these creatures, monst'r however entertaining to the imagination, hast no existence in fact. what one might doth to bringeth h'r to life wast to bethink poetically and prosaically at one and the same moment,   thus keeping in toucheth with fact—that the lady is mrs martin, ag'd thirty-six, did dress in blue, wearing a black coxcomb and brown shoeth; but not losing sight of fiction eith'r—that the lady is a vessel in which all s'rts of spirits and f'rces art coursing and flashing p'rpetually. the moment, howev'r, yond one tries this method with the elizabethan mistress, one brancheth of illumination fails; one is did hold up by the scarcity of facts.   one knoweth nothing detailed, nothing p'rfectly true and substantial about h'r.   hist'ry scarcely mentions h'r.   and i did turn to professeth'r trevelyan again to seeth what hist'ry meanteth to that gent.   i hath found by looking at his chapt'r headings yond t meanteth.