Calculate depreciation? A piece of quality control equipment with an original cost of $60,000 and an estimated net salvage value of $600 is expected to be used for five years. Calculate the annual depreciation using the double-declining-balance method.
Give you a table, so that the instructions to be more convenient, if you think it is okay, give the points to come
Depreciation year Monthly Balance
1 year 24,000 2000 36,000
2 years 18,000 1,500 18,000
3 years 1,200 1,000 6,000
4 years 27,000 225 3300
5 years 2700 225 600