Question: A tractor costs $ 2 5 , 0 8 0 , has an expected life of 1 2 years, and has a salvage value of

A tractor costs $25,080, has an expected life of 12 years, and has a salvage value of $2,400. Use straight-line depreciation to find the yearly depreciation. Make a depreciation schedule for the first three years' depreciation.
Complete the table.
\table[[Year,Depreciation,\table[[Accumulated],[depreciation]],\table[[End-of-year],[book value]]],[1,$,$,$
 A tractor costs $25,080, has an expected life of 12 years,

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