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Question 3. A piece of equipment is purchased for $105,000 and has an estimated salvage value of $15,000 at the end of the recovery period.

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Question 3. A piece of equipment is purchased for $105,000 and has an estimated salvage value of $15,000 at the end of the recovery period. Prepare the depreciation schedules (tables below) using the following depreciation methods with a recovery period of five years. [15 points) a. Straight-Line Method m Rm D. (S) BVm (S) 0 1 2 3 b. Sum-Of-The-Years Method Rm D(S) m BV (S) 0 1 2 3 4 5 c. 200% declining-balance method m Rm D. (S) Bv. (5) 0 1 2 3 4 5

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