You have just purchased an office machine for $8,000. The useful life of this machine is six years, and the salvage value after eight years will be $900. You want to compute the depreciation expense for the fourth year, using the sum-of-the-years'-digits method.
Memory register usage:
Register 0: 8000 (cost of the asset) Register 1: 900 (salvage value of the asset) Register 2: 6 (useful life of the asset) Register 3: 4 (period for which depreciation is computed)
Clicking SELECT on Syd returns 1014.29, the dollar depreciation allowance for the fourth year.