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Question 3 . ( 1 8 pts ) A compressor is purchased that costs $ 9 0 0 0 . It has a 1 0

Question

3 . (18

pts

)

A compressor is purchased that costs $

9000 .

It has a

10 -

year service life and a salvage value of $

2000 .

Find the Sum of Years Digits

(

SOYD

)

depreciation and Double Declining Balance

(

DDB

)

depreciation for the first

3

years of the service life of this compressor.

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