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1 . A set of office equipment costs $ 1 0 0 , 0 0 0 and has a useful life of 6 years. Its

1. A set of office equipment costs $100,000 and has a useful life of 6 years. Its estimated market value at the end of the 6th year is $5,000. Determine the depreciation amount on the 4th year and the book value at the end of the 3rd year using:
a. Straight Line Method
b. Double Declining Balance Method
c. Sum-of-Years Digits Method
d. Declining Balance Method with Switchover to SL
e. MACRS GDS (assume that the assets will be disposed of on the 3rd year)
f. MACRS ADS

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