A new medical practice purchases computer equipment that cost $$15,000,$ to be used for

medical billing. In addition, the practice purchases billing software that cost $$5,000.$ Both the computer equipment and the software are expected to have $3-$year useful lives and no salvage value. Calculate the $3$ years of depreciation, using SL$,$ DDB$,$ and SYD$.$

Calculate depreciation using the Straight$-$Line Method

I. What is the depreciable base you will use for the calculations?

Ii$.$ Calculate the first $3$ years of depreciation, using SL$.$

B$.$ Calculate depreciation using the Sum of Years Digits Method.

I. What is the depreciable base you will use for the calculations?

Ii$.$ Calculate the first $3$ years of the depreciation, using the SYD method.

C$.$ Calculate depreciation using the Double Declining Balance method.

I. What is the depreciable base you will use for the calculations?

Ii$.$ Calculate the first $3$ years of depreciation, using the DDB meth.