Billings Corporation purchased a wood pulp mixer for $17,344. Delivery costs totaled $464. The useful is 7 years, and the salvage value is $1,260. Prepare a depreciation schedule using the sum-of-the-years' digits method. Billings Corporation SYD Depreciation ScheduleWood Pulp Mixer Year Total Depreciation ($) Depreciation Rate Fraction = Annual Depreciation ($) Accumulated Depreciation ($) Book Value ($) $17,808 (new) 1 $ = $ $ $ 2 $ = $ $ $ 3 $ = $ $ $ 4 $ = $ $ $ 5 $ = $ $ $ 6 $ = $ $ $ 7 $ = $ $ $