Ex 2. Calculate the depreciation expense by using Sum of year Digits (SYD) depreciation method for a new solar panels that cost USD 350,000, with an estimated useful life of 6 years, and a USD 50,000 salvage value. The total unit of production are of 340 and production of units are of 45 for year one, 48 for year two, 51 for year three, 57 for year 4, 65 for year 5 and 74 for year 6. 1 3 4 6 45 48 51 57 65 74 340