They are based on the same initial cost useful life and

Question

Consider five depreciation schedules:

They are based on the same initial cost, useful life, and salvage value. Identify each schedule as one of the following:

• Straight-line depreciation
• Sum-of-years'-digits depreciation
• 150% declining balance depreciation
• Double declining balance depreciation
• Unit-of-production depreciation
• Modified accelerated cost recovery system