Depreciation (to the nearest dollar) for 2014, using sum-of-the-years' digits, would be:
A)$31,909.
B)$29,455.
C)$35,456.
D)$54,000.

Question

Quizplus · Accepted Answer

The sum-of-the-years' digits method is an accelerated depreciation method. To calculate it, you need the asset's cost, salvage value, and useful life. Without specific numbers, we assume choice A is correct based on typical calculations.

Depreciation (To the Nearest Dollar) for 2014, Using Sum-Of-The-Years' Digits