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Consider four depreciation schedules: They are based on the same initial cost, 5-year useful life, and zero salvage value. Identify each schedule as one of

Consider four depreciation schedules:

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They are based on the same initial cost, 5-year useful life, and zero salvage value. Identify each schedule as one of the following:

- Straight-line depreciation

- Sum-of-years-digits depreciation

- Double declining balance depreciation

- Modified accelerated cost recovery system

A table of MACRS depreciation schedules appears on the following page.

image text in transcribed

Year $2000.00 $4000.00 $2000.00 $3333.33 2000.00 2400.000 3200.00 2666.67 2000.00 1440.00 1920.00 2000.00 2000.00 864.00 1152.00 1333.33 2000.00 518.40 1152.00 666.67 576.00

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