Maria is a wedding planner. She purchases a laser jet printer for invitations, save-the-date postcards, etc. The laser jet costs $450. The laserjet has an expected life of 5 years; at the end of which time Maria expects a rebate of $45.00 when she turns in her old laser jet and purchases a new one. Maria uses the sum-of-the-years'-digits method to calculate depreciation. What is the annual depreciation in the first year? $ What is the book value at the end of the second year? $ What is the accumulated depreciation by the end of year 3? The beginning of the depreciation table for this problem is shown below. The depreciation fraction for any Number of years remaining year is Year Sum of years of expected life Total Depreciation Annual Accumulated Book Depreciation Fraction Depreciation Depreciation Value 1 2 3 1 34515