A

B
C
D
1 Student Name
2
DEPREC
3
Depreciation
4
5
Data Section
6
7
Cost of asset
$350,000
8
Estimated salvage value
$30,000
9
Estimated useful life in years
4
10
Estimated life in units (miles, etc.)*
100,000
11
12
*Estimated
13
Year
Units
14
1
30,000
15
2
20,000
16
3
40,000
17
4
10,000
18
5
0
19
6
0
20
7
0
21
8
0
22
23 Answer Section
24
25
Depreciation Expense
26
27
Straight
Units of
28
Year
Line
Production
1
$80,000
$96,000
29
2
$80,000
$64,000
30
3
$80,000
$128,000
31
4
$80,000
$32,000
32
33
5
0
0
34
6
0
0
35
7
0
0
36
8
0
0
37
Total
$320,000
$320,000
38
39
40
41
42
43

LOW
Long Life

Double
Declining
Balance
$175,000
$87,500
$43,750
$13,750
0
0
0
0
$320,000

F
G
H
I
1
2
3
4
5
6
7
8
9
VLOOKUP TABLE
10
11 -99999999 Short Life
12
1
Just Right
13
3.00
Long Life
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
Depreciation Expense
43
Accumlated depreciation

$128,000
$128,000

A
B
C
D
1 Student Name
2
DEPREC
3
Depreciation
4
5
Data Section
6
7
Cost of asset
$75,000
8
Estimated salvage value
$5,000
9
Estimated useful life in years
8
10
Estimated life in units (miles, etc.)*
150,000
11
12
*Estimated
13
Year
Units
14
1
24,000
15
2
24,000
16
3
24,000
17
4
24,000
18
5
24,000
19
6
10,000
20
7
10,000
21
8
10,000
22
23 Answer Section
24
25
Depreciation Expense
26
27
28
Year
Straight Line Units of Production
1
$8,750
$11,200
29
2
$8,750
$11,200
30
3
$8,750
$11,200
31
4
$8,750
$11,200
32
33
5
8,750
11,200
34
6
8,750
4,667
35
7
8,750
4,667
36
8
8,750
4,667
37
Total
$70,000
$70,000
38
39
40
41
42
43

E
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28 Double Declining Balance
$18,750
29
$14,063
30
$10,547
31
$7,910
32
33
5,933
34
4,449
35
3,337
36
5,011
37
$70,000
38
39
40
41
42
43

3
4
5
6
7
8

8,750
23,333
17,500
14,000
11,667
10,000
8,750

11,200
11,200
11,200
11,200
11,200
11,200
11,200

11,200
3,000
3,500
4,000
4,500
5,000
5,500
6,000

30,000
4,320
4,240
4,160
4,080
4,000
3,920
3,840

30,000
4,320
4,240
4,160
4,080
4,000
3,920
3,840

One Veriable Table

Depreciation Expense
Accumlated depreciation

J
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

30,000
4,320
4,240
4,160
4,080
4,000
3,920
3,840

30,000
4,320
4,240
4,160
4,080
4,000
3,920
3,840

30,000
4,320
4,240
4,160
4,080
4,000
3,920
3,840

30,000
4,320
4,240
4,160
4,080
4,000
3,920
3,840

18,750
50,000
37,500
30,000
25,000
21,429
18,750

30,000
4,320
4,240
4,160
4,080
4,000
3,920
3,840

$11,200
$11,200

$20,000

Depreciatio

$18,000

$16,000

$14,000

$12,000

$10,000

$8,000

$6,000

$4,000

$2,000

$0
1

Straight Line

preciation Expense

Units of Production

Double Declining Balance