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A machine is purchased on September 30, 2006, for $60,000. Useful life is estimated at four years and no residual value is anticipated. The SYD depreciation method is used. The acquiring company's fiscal year ends on December 31. Depreciation for 2007 should be:

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A machine is purchased on September 30, 2006, for $60,000. Useful life is estimated at four years and no residual value is anticipated. The SYD depreciation method is used. The acquiring company's fiscal year ends on December 31. Depreciation for 2007 should be:






 
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