Refer to the Publisher scenario. Compute the depreciation expense for May 1 through December 31 of the first year and all 12 months of the second year. (Round depreciation for each year to the nearest dollar.)

Sum-Of-The-Years-Digits

A depreciation method that accelerates the recognition of expenses by applying a decreasing fraction to the depreciable value each year, based on the sum of the years’ digits.

Office Furniture

Items and fixtures used in an office setting for working and storage purposes, including desks, chairs, and file cabinets.