On September 30, 2018, Bricker Enterprises purchased a machine for $200,000. The estimated service life is 10 years with a $20,000 residual value. Bricker records partial-year depreciation based on the number of months in service.
-Depreciation (to the nearest dollar) for 2019, using sum-of-the-years' digits method, would be:

Question

On September 30, 2018, Bricker Enterprises purchased a machine for $200,000. The estimated service life is 10 years with a $20,000 residual value. Bricker records partial-year depreciation based on the number of months in service. 
-Depreciation (to the nearest dollar) for 2019, using sum-of-the-years' digits method, would be:

Quizplus · Accepted Answer

($200,000 - 20,000) × 10/55 × 9/12 + ($200,000 - 20,000) × 9/55 × 3/12 = $31,909

On September 30, 2018, Bricker Enterprises Purchased a Machine for $200,000