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Use the Following Data ? Using the Sum-Of-The-Years-Digit Method, the Amount of Depreciation for

question 97

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Use the following data:  Asset cost $120,000 Expected life 4 years  Estimated salvage value $12,000\begin{array} { l r } \text { Asset cost } & \$ 120,000 \\\text { Expected life } & 4 \text { years } \\\text { Estimated salvage value } & \$ 12,000\end{array} ? Using the sum-of-the-years-digit method, the amount of depreciation for the third year would be


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