eBook Calculation of Book Value On June 1, 20--, a depreciable asset was acquired for $3,600. The asset has an estimated useful life of five years (60 months) and no salvage value.. Using the straight-line depreciation method, calculate the book value as of December 31, 20--. X Feedback Check My Work Straight-Line Method - Depreciable Cost / Estimated Useful Life - Depreciation Expense per Period Depreciable Cost Original Cost - Salvage Value You are asked to determine the book value which is original cost less accumulated depreciation. Use the straight-line depreciation method to calculate accumulated depreciation first. Check My Work Q Search All work saved. C I P 3 Save and Exit Previous C N Submit Assignment fo The highe