Final answer:
Using the double declining depreciation method, the accumulated depreciation of the keilbasa machine at the end of 2024 is $10,750, which is not listed in the given answer choices.
Step-by-step explanation:
To calculate the balance in the accumulated depreciation account at the end of 2024 for Andy's Deli's new keilbasa machine using the double declining depreciation method, we first need to calculate the annual depreciation rate and then apply it for the two years. The annual depreciation rate for the double declining method is (1/Useful life of asset) × 2. In this case, that's (1/8) × 2 = 0.25 or 25% per year. The depreciable base is the cost of the asset minus its estimated salvage value, which is $25,000 - $1,000 = $24,000. For the first year (2023), the depreciation expense will be 25% of $24,000, which equals $6,000. At the beginning of 2024, the book value of the asset will be the original cost minus the accumulated depreciation of the first year, which is $25,000 - $6,000 = $19,000. The depreciation expense for 2024 will then be 25% of $19,000, equal to $4,750. The total accumulated depreciation at the end of 2024 will be the sum of depreciation for both years: $6,000 (2023) + $4,750 (2024) = $10,750. Therefore, the correct answer is not listed among the options provided (A, B, C, D).