You have purchased an office machine for $8,000. The useful life of this machine is six years, and the salvage value in eight years will be $900. You want to compute yearly depreciation expense, using the straight-line 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)
Clicking SELECT on Sln returns 1183.33, the yearly dollar depreciation allowance.