1. [-125 Points) DETAILS BRECMBC9 17.1.009.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Mason Industries purchased a drilling rig for $75,900. Delivery costs totaled 52,845. The useful life is 7 years and the salvage value is $12,924. Prepare a depreciation schedule using the straight-line method. Mason Industries Depreciation Schedule-Drilling End of Year Annual Depreciation ($) Accumulated Depreciation ($) Book Value ($) $78,745 (new) 1 $ $ 2 $ $ $ 3 $ $ $ 4 $ $ $ $ $ $ $ $ $ $ Need Help? Read It Watch It Master it