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Company Zeta bought new office furniture in the year 2000. The purchase cost was 99369...

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Accounting

Company Zeta bought new office furniture in the year 2000. The purchase cost was 99369 dollars and in addition it had to spend 10646 dollars for installation. The furniture has been in use since April 21st, 2000. Zeta forecasted that in 2015 the office furniture would have a net salvage value of $1000. Using the US Accelerated Depreciation Schedule, estimate the value of depreciation recorded in the accounting books in the year 2004 if the company decided to sell the furniture on June 5th (of 2004).

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