Glenn realizes some important numerical data may be missing, but wishes to gain a good

idea about sound depreciation and financial reporting policy. Luckily, Glenn has an

accountant friend who has given him some estimates on the major pieces of equipment:

Equipment Current

Value

Estimated

Salvage Value

Estimated

Hours of Use

Estimated Years

of Use

Miter Saw with Table $$2,000$ $$200606$

Table Saw $$3,000$ $$200707$

Band Saw $$2,600$ $$2001204$

Jig Saw $$500$ $$50903$

calculate depriciation