at which tine it will have a salvage value of $8500. Prepare a depreciationscheduch of-the-years'-digits method of depreciation. When solving, use 2 decimal places. Use the format below, solve for X : A company buys a new forklift for $48,500. The forklift is estimated to have a useful life of 5 years, at which time it will have a salvage value of $8500. Prepare a depreciation schedule using the sumof-the-years'-digits method of depreciation. When solving, use 2 decimal places. Use the format below, solve for X : $11,166.67$16,500$16,050$11,616.67