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Skyes, Inc., purchased a new piece of equipment with a cost of $ 4 3 , 6 0 0 and a $ 6 , 0
Skyes, Inc., purchased a new piece of equipment with a cost of $ and a $ residual
value and placed it into service on April Year The equipment was installed at an additional
cost of $ The estimated life of the equipment is years.
Complete Skyes's calculations of depreciation expenses for the asset in Year and Year
using the information above. Enter the appropriate amounts in the designated cells below.
Enter all amounts as positive values. Round all amounts to the nearest dollar.
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