The depreciation schedule for a microcomputer has been arrived at by several methods. The estimated salvage value

Question:

The depreciation schedule for a microcomputer has been arrived at by several methods. The estimated salvage value of the equipment at the end of its 6-year useful life is $600. Identify the resulting depreciation schedules.

Year A B $2114 $2000 $1600 $1233 1762 2560 1500 1233 1410 1233 3 1125 1536 1233 4 1057 844 922 1233 5 705 633 922 352 47

Depreciation
Depreciation is an important concept in accounting. By definition, depreciation is the wear and tear in the value of a noncurrent asset over its useful life. In simple words, depreciation is the cost of operating a noncurrent asset producing... Salvage Value
Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important...