The depreciation schedule for a machine has been arrived at by several methods.
ID: 1178505 • Letter: T
Question
The depreciation schedule for a machine has been arrived at by several methods. The estimated salvage value of the equipment at the end of its 6-year life is $600. Identify the resulting depreciation.
Year A B C D
1 2114 2000 1600 1233
2 1762 1500 2560 1233
3 1410 1125 1536 1233
4 1057 844 922 1233
5 705 633 922 1233
6 352 475 460 1233
Please show how you arrived at your answer!
Explanation / Answer
A --Sum-of-the-year' digits (SOYD) depreciation
B--Double declining balance depreciation
C-- MARCS
D-- Straight-line depreciation