SOLUTION: A small brewing company purchases a bottling plant for $160,000. The plant machinery depreciates at a rate of 15% per annum. Which method gives the greatest amount of depreciation

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Question 1145928: A small brewing company purchases a bottling plant for $160,000. The plant machinery depreciates at a rate of 15% per annum. Which method gives the greatest amount of depreciation over 5 years and by how much?
Found 2 solutions by greenestamps, chelmel19:
Answer by greenestamps(13200) About Me  (Show Source):
You can put this solution on YOUR website!


We don't know which depreciation methods you might be considering....

Answer by chelmel19(1) About Me  (Show Source):
You can put this solution on YOUR website!
The question does not say. I am going to assume the two methods are Straight Line Depreciation and Reducing Balance Depreciation