Underwood Company purchased a machine on January 2, 2013 . for $1,000,000 . The machine has an estimated useful life of five years and a salvage value of $100,000 . Depreciation was computed by the 150% declining-balance method. The accumulated depreciation balance at December 31 . 2014, should be

a. $360,000.
b. $459,000.
c. $490,000.
d. $510,000.


D

Business

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