Use the sum of the years digits depreciation method to make a depreciation schedule first two years for a forklift that cost 32

Question

Use the sum of the years digits depreciation method to make a depreciation schedule first two years for a forklift that cost 32 000 has an expected useful life of ten years and has a residual value of 2 200 Complete the following table for two years Enter the depreciation rate as a fraction Enter annual depreciation accumulated depreciation and end of year book value as decimals rounded to the nearest cent Year 1 Depreciation Annual rate depreciation Accumulated depreciation End of year book value S

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