ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 155
Year purchased
2011
2013
2009
Useful life
15 years
10 years
10 years
Salvage value
$11,800
$7,316
2010
15,000 hours
$7,080
$11,800
Depreciation method
Sum-of-the-years'-digits
Activity
Straight-line
Double-declining
balance
Accum. depr through 2014*
$83,072
$35,400
$73,632
$37,760
*In the year an asset is purchased, Eshkol, Inc. does not
record any depreciation expense on the asset.