Office equipment whose initial cost is $100,000 has an estimated actual life of 6 years, with an

Question:

Office equipment whose initial cost is $100,000 has an estimated actual life of 6 years, with an estimated of $10,000. Prepare tables listing the annual costs of depreciation and the book value at the end of each 6 years, based on the straight-line, sum-of-years' -digits, and MACRS depreciation. Use spreadsheet functions for the depreciation methods.
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...