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which method will provide the highest net income in year 3 all other factors being equal for depreciation schedule

Sullivan Ranch Corporation has purchased a new tractor on Jan 1, year 1 paying 10% of the purchase price in cash and signing a 2 year note for the balance. The following information is given: Cost: $ 165,000 15,000 Reference or given data section. Each calculation should reference back to this information Estimated Residual: $ Estimated Life in 4 years Estimated Life in Numerous examples have been provided or completed in chapter 9. hours Actual hours per 1,200 Month Purchased for recalculation question 360 Amount of cash for sale 4 year 1 75,000 2 300 3 320 4 220 Shoot1