You have a tractor that costs 150,000 with a useful life of 10 years and...
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Accounting
You have a tractor that costs 150,000 with a useful life of 10 years and projected salvage value of $20,000. Using straight line, double declining balance, and sum of the years digits approaches, calculate the following.
| Year | SL Depreciation | DDB Depreciation | SYD Depreciation | SL Book Value | DDB Book Value | SYD Book Value |
| 1 | 13,000 | |||||
| 2 | 13,000 |
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