Pippen A purchased a piece of equipment at the beginning of 2016. The equipment cost 502,000. It

Question:

Pippen AÇ purchased a piece of equipment at the beginning of 2016. The equipment cost ₺502,000. It has an estimated service life of 8 years and an expected residual value of ₺70,000. The sum-of-the-years'-digits method of depreciation is being used. Someone has already correctly prepared a depreciation schedule for this asset. This schedule shows that ₺60,000 will be depreciated for a particular calendar year.
Instructions
Show calculations to determine for what particular year the depreciation amount for this asset will be ₺60,000.