Screen Shot 2019-03-20 at 11.54.55 PM.png - 57-10 Straight-line method Original cost \$ 17,000 Residual value \$ 1,400 Life in years 4 Straight-line

# Screen Shot 2019-03-20 at 11.54.55 PM.png - 57-10...

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Unformatted text preview: 57-10, Straight-line method Original cost \$ 17,000 Residual value \$ 1,400 Life in years 4 Straight-line depreciation = (\$17,000 — \$1,400) / 4 years = \$3,900 / year Depreciation Accumulated expense depreciation Book value 20173 3,900 \$ 3,900 \$ 13,100 2018 \$ 3,900 5 7,800 \$ 9,200 2019:; 3,900 \$ 11,700 \$ 5,300 2020 \$ 3,900 \$ 15,600 5 1,400 ...
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