Lackawanna Community College purchased a computer system for $12,730. Delivery costs totaled $300 and handling costs were $214. The useful life is 4 years and the salvage value $4,082. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the book value at the end of year 3 as your answer.

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The Answer of Lackawanna Community College purchased a computer system for $12,730. Delivery costs totaled $300 and handling costs were $214. The useful life is 4 years and the salvage value $4,082. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the book value at the end of year 3 as your answer.

Lackawanna Community College Purchased a Computer System for $12,730