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Becker Office Service purchased a new computer system on January 1, Year 1, for $33,500. It is expected to have a five-year useful life and

Becker Office Service purchased a new computer system on January 1, Year 1, for $33,500. It is expected to have a five-year useful life and a $3,500 salvage value. Becker Office Service expects to use the computer system more extensively in the early years of its life.

Calculate the depreciation expense for each of the five years, assuming the use of straight-line depreciation.

  • Year Annual Depreciation
  • 1
  • 2
  • 3
  • 4
  • 5

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