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3. A piece of equipment is purchased for $100,000 and has an estimated salvage value of $18,000 at the end of the recovery period. Prepare
3. A piece of equipment is purchased for $100,000 and has an estimated salvage value of $18,000 at the end of the recovery period. Prepare the depreciation schedules (tables below) using the following depreciation methods with a recovery period of five years. [30 points) a. Straight-Line Method m Re D.($) Bym (S) 0 1 2 3 4 5 b. Sum-Of-The-Years Method R D. ($) By, ($) m 0 1 2 3 4 5 c. 200% declining-balance method m Ra D. ($) Bv. ($) 0 1 2 3 4 5 d. 150% declining-balance method m Ra D ($) Bvn($) 0 1 2 3 4 5
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