Santander Fuels purchased a new tank for $265,000. It is expected to last for 5 years and have a salvage value of $25,000. Using the sum-of-the-years' digits method, prepare a depreciation schedule for Santander Fuels.
Santander Fuels
Tank-SYD Depreciation Schedule $\begin{array}{llllll}
\text { End of } & \text { Total } & \text { Depreciation } & \text { Annual } & \text { Accumulated } & \text { Book } \
\text { Year } & \text { Depreciation } & \text { Rate Fraction } & \text { Depreciation } & \text { Depreciation } & \text { Value } \
\hline1\
2\
3\
4\
5
\end{array}$

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The Answer of Santander Fuels purchased a new tank for $265,000. It is expected to last for 5 years and have a salvage value of $25,000. Using the sum-of-the-years' digits method, prepare a depreciation schedule for Santander Fuels.
Santander Fuels
Tank-SYD Depreciation Schedule $\begin{array}{llllll}
\text { End of } & \text { Total } & \text { Depreciation } & \text { Annual } & \text { Accumulated } & \text { Book } \
\text { Year } & \text { Depreciation } & \text { Rate Fraction } & \text { Depreciation } & \text { Depreciation } & \text { Value } \
\hline1\
2\
3\
4\
5
\end{array}$

Santander Fuels Purchased a New Tank for $265,000