Question: Make a sum-of-the-years'-digits depreciation schedule for the first two years for an asset that costs $21,500 and will be worth $5,000 at the end of

Make a sum-of-the-years'-digits depreciation schedule for the first two years for an asset that costs $21,500 and will be worth $5,000 at the end of four years.

Total cost: $21,500 Depreciation rate Accumulated End-of-year depreciation Year Depreciation book value

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Cost salvage value 21500 5000 16500 Depreciation for year 1 16500 4 10 6600 Depreciation for y... View full answer

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