Business Math; Topic Depreciation

Question

Baker, Inc. uses the sum-of-the-years-digits method to depreciate a $79,600.00 piece of equipment that has an estimated life of 20 years. The salvage value is $4,000.00. The book value at the end of year 2 is ________.

Answer 1

This article tells you exactly what to do! https://www.investopedia.com/terms/s/sum-of-the-years-digits.asp