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The loca
The local bakery purchased a new oven for $12,000. It has a useful life of 6
years and salvage value of $750. Use the sum of the years' digits method of
depreciation to determine the fourth year's depreciation.
Depreciable Amount = Cost-Salvage Value
Amount of Depreciation = Depreciation Fraction x Depreciable Amount
Sum of the Digits
Year
Year 2-