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Straight Line Inventory MethodLCBO purchased a large HVAC equipment for $ 5 1 , 0 0 0 on January 1 , 2 0 1 5

Straight Line Inventory MethodLCBO purchased a large HVAC equipment for $

51, 000

on January

1, 2015 .

The machine is assumed to have a residual value of $

6, 000

at the end of its

5

year useful life.Write the table for the Depreciation Schedule.Question: What is the accumulated depreciation at the end of

2017 ?

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