Homework Help: math please help

Posted by unknown on Wednesday, November 5, 2008 at 11:08am.

a company purchased a lathe with a useful life of 4 years and a salavage value of $5,000.00 if the lathe cost $45,000.00 what is the lathes first year depreciation using the sum-of-the years digits method?

would it be $12,000.00

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