Business Math: accumulated depreciation, book value, per-year dep.

[runningmaniac]

Hi everyone! I am a student enrolled in a Business Math course. I am having trouble trying to complete the following problem. I only see two ways of solving this, but both ways are shown to be wrong in the areas that I was marked off on. Any ideas or pointers?

First way:

Second way:

Thank you!

 

[stapel]

Hi everyone! I am a student enrolled in a Business Math course. I am having trouble trying to complete the following problem. I only see two ways of solving this...

What was your reasoning for each of the answers you gave? What were your steps?

Please be complete. Thank you!