Chapter 9 - Accumulated Depreciation $12,500 $21,875...

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Purchase Date 1/1/2003 Purchase Price $50,000 Useful Life 8 Salvage Value $2,000 Depreciable Value $48,000 Annual Depreciation $6,000 1 2 3 4 5 Straight Line 12/31/2003 12/31/2004 12/31/2006 12/31/2007 12/31/2008 Asset $50,000 $50,000 $50,000 $50,000 $50,000 Accumulated Depreciation $6,000 $12,000 $18,000 $24,000 $30,000 $44,000 $38,000 $32,000 $26,000 $20,000 Depreciation Expense $6,000 $6,000 $6,000 $6,000 $6,000 12.5% 1 2 3 4 5 Double Declining 12/31/2003 12/31/2004 12/31/2006 12/31/2007 12/31/2008 Asset $50,000 $50,000 $50,000 $50,000 $50,000
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Unformatted text preview: Accumulated Depreciation $12,500 $21,875 $28,906 $34,180 $38,135 $37,500 $28,125 $21,094 $15,820 $11,865 25.0% 25.0% 25.0% 25.0% 25.0% Depreciation Expense $12,500 $9,375 $7,031 $5,273 $3,955 6 7 8 12/31/2009 12/31/2010 12/31/2011 $50,000 $50,000 $50,000 $36,000 $42,000 $48,000 $14,000 $8,000 $2,000 $6,000 $6,000 $6,000 6 7 8 12/31/2009 12/31/2010 12/31/2011 $50,000 $50,000 $50,000 $41,101 $43,326 $48,000 $8,899 $6,674 $2,000 25.0% 25.0% $2,966 $2,225 $4,674 PLUG...
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Chapter 9 - Accumulated Depreciation $12,500 $21,875...

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