Mason Industries purchased a drilling rig for $$75,900.$ Delivery costs totaled $$2,859.$

The useful life is $7$ years and the salvage value is $$12,952.$ Prepare a depreciation schedule using the straight$-$line method.

Mason Industries

Depreciation Schedule$-$Drilling

$\backslash$table$[[$End of Year,Annual Depreciation $($$$),$Accumulated Depreciation $($$$),$Book Value $($$$)],[,,,$$$78,759($new$)],[1,$$$,$$$,$$