Calculate the accumulated depreciation at the end of 4 years

Reference no: EM13298100

An asset has an initial cost of $45,000 at the end of 4 years the salvage value of the asset is $5,000. Using the sum of the years' digits, calculate the accumulated depreciation at the end of the 4 years.

Using the same asset presented in problem above . Apply the sum of the years' digits to calculate the depreciation only in year 2.

Reference no: EM13298100

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