Question
The depreciation schedule for certain equipment has been arrived at by various methods. The estimated salvage value of the equipment at the end of
The depreciation schedule for certain equipment has been arrived at by various methods. The estimated salvage value of the equipment at the end of its 7 years useful life is $639. Identify the resulting depreciation schedules. YEAR I II IV 2 1 $1369 2395.75 2921 3343 $1369 2053.5 2086 2250 $1369 1711.25 1490 1514 $1369 1369 1064 1019 3 4 5 $1369 1026.75 760 686 $1369 684.5 542 461 7 $1369 342.25 387 311 6 Which scheme represents SOYD depreciation and how much is the first year depreciation ?
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