a. Using the SL method the depreciation amount in the second year is

Using the SL method the BV at the end of the sixth year of life is

?b. Using the 200% DB method the depreciation amount in the second year is

Using the 200?% DB method the BV at the end of the sixth year of life is

c. Using the GDS the depreciation amount in the second year is

U?sing the GDS the BV at the end of the sixth year of life is

d. Using the ADS the depreciation amount in the second year is

Using the ADS the BV at the end of the sixth year of life is

An asset for drilling was purchased and placed in service by a petroleum production company. Its cost basis is $65,000, and it has an estimated MV of $10,000 at the end of an estimated useful life of 17 years. Compute the depreciation amount in the second year and the BV at the end of the sixth year of life by each of these methods a. The SL method. b. The 200% DB method with switchover to SL. c. The GDS d. The ADS