(10 pts. total) The depreciation schedule for an asset with a salvage value of s

Question

(10 pts. total) The depreciation schedule for an asset with a salvage value of s1000 at the end of recovery period has been computed by several methods identified as schedule A thru E in the table below. 9. 333.10 4666.67 2 1750.00 2000.00 2000.001 3111.50 555.56 1000.00 2000.00 1036.70 518.52 3500.00 3000.002000.00 23 518.70 Identify the depreciation schedule letter in the table corresponding to the appropriate depreciation methods: Straight Line DDB (Double Declining Balance or 200% DB) MACRS 150% DB (150% Declining Balance) SOYD (Sum-of-the-year digits)

Explanation / Answer

(a) "C" straight line (b) "E" DDB (Double declining balance or 200% DB) (c) "D" MACRS (d) "B" 150% DB (150% decling balance) (d) "A" SOYD (sum of the year digit)

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