A) $5000 in 2009 and $10000 in 2010. B) $5500 in 2009 and $11000 in 2010 C) $

A) $5000 in 2009 and $10000 in 2010.
B) $5500 in 2009 and $11000 in 2010
C) $6000 in 2009 and $12000 in 2010.
D) $7500 in 2009 and $11000 in 2010. 2. On April 30 2009 Tilton Products purchased machinery for $88000. The useful life of this machinery is estimated at 8 years with an $8000 residual value.
Refer to the information above. Assume that in its financial statements Tilton Products uses straight-line depreciation and the half-year convention.Refer to the
information above. Assume that in its financial statements Tilton Products uses straight-line depreciation and rounds depreciation for fractional years to the
nearest month. Depreciation expense recognized on this machinery in 2009 and 2010 will be: A) $5833 in 2009 and $10000 in 2010.
B) $6667 in 2009 and $10000 in 2010.
C) $10000 in 2009 and $10000 in 2010.
D) $2333 in 2009 and $7000 in 2010.