Depreciation (to the nearest dollar)for 2017,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 a form of accelerated depreciation. The calculation involves determining the sum of the years' digits for the asset's useful life and applying it to the depreciable amount. Without specific asset details, choice A is the closest reasonable estimate.

Depreciation (To the Nearest Dollar)for 2017,using Sum-Of-The-Years' Digits,would Be