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An equipment has been purchased for a project to be completed in 6 years. The initial cost of equipment (6) was Rs. 7,500,000. It is

An equipment has been purchased for a project to be completed in 6 years. The initial cost of equipment (6) was Rs. 7,500,000. It is estimated that the used equipment can be sold in auction at a price of Rs. 1,200,000 after completion of the project. The expected/planned yearly usage of the equipment is as follows: Year Equipment Usage (Hours) 1 140 2 170 3 230 4 80 5 110 6 70

Develop the yearly depreciation schedule of the equipment according to: a) Sum-of-Years-Digit Method b) Units-of-production Method c) Double Declining Balance Method

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