2005 Capital Asset Depreciation Schedule

[Date]

Year to calculate 2005

Accumulated Current year

Capital asset Depreciable life Date Number of depreciable Net asset value at Remaining value
Description Initial cost depreciation depreciation
classification (in years) purchased months in current year beginning of year at end of year
beginning of year expense

Land 4567 Main St., Buffalo, NY 98052 $700,000 04/20/91 $0 0 $0 $700,000 $700,000
Equipment Grinding machine #1 350,000 10 05/01/04 $23,333 12 $35,000 $326,667 291,667
IT equipment Servers 50,000 3 02/01/00 $50,000 12 $0 $0 0
Equipment Welding machine 255,000 5 06/17/03 $76,500 12 $51,000 $178,500 127,500
Transportation Corporate vehicle 50,000 7 10/05/04 $1,786 12 $7,143 $48,214 41,071
Building Warehouse - 4567 Main St., Buffalo, NY 98052 750,000 15 04/20/91 $683,333 12 $50,000 $66,667 16,667
Building Main office building 1,250,000 30 04/01/90 $614,583 12 $41,667 $635,417 593,750
$0 0 $0 $0 0
$0 0 $0 $0 0
TOTAL ANNUAL DEPRECIATION EXPENSE $184,810 $1,955,464 $1,770,655
[Company Name]
Depreciation schedule - servers
[Date]

User input
Fixed asset servers
Initial cost $50,000
Date placed in service 02/01/02
Number of months owned in first year 11

End of year Annual depreciation Remaining value

2002 $15,278 $34,722
2003 16,667 18,056
2004 16,667 1,389
2005 1,389 0
TOTAL $50,000
[Company Name]
Depreciation schedule - welding machine
[Date]

User input
Fixed asset welding machine
Initial cost $255,000
Date placed in service 06/17/03
Number of months owned in first year 6

End of year Annual depreciation Remaining value

2003 $25,500 $229,500
2004 51,000 178,500
2005 51,000 127,500
2006 51,000 76,500
2007 51,000 25,500
2008 25,500 0
TOTAL $255,000
[Company Name]
Depreciation schedule - corporate auto
[Date]

User input
Fixed asset corporate auto
Initial cost $50,000
Date placed in service 10/05/04
Number of months owned in first year 3

End of year Annual depreciation Remaining value

2004 $1,786 $48,214
2005 7,143 41,071
2006 7,143 33,929
2007 7,143 26,786
2008 7,143 19,643
2009 7,143 12,500
2010 7,143 5,357
2011 5,357 0
TOTAL $50,000
[Company Name]
Depreciation schedule - grinding machine #1
[Date]

User input
Fixed asset grinding machine #1
Initial cost $350,000
Date placed in service 05/01/04
Number of months owned in first year 8

End of year Annual depreciation Remaining value

2004 $23,333 $326,667
2005 35,000 291,667
2006 35,000 256,667
2007 35,000 221,667
2008 35,000 186,667
2009 35,000 151,667
2010 35,000 116,667
2011 35,000 81,667
2012 35,000 46,667
2013 35,000 11,667
2014 11,667 0
TOTAL $350,000
[Company Name]
Depreciation schedule - warehouse
[Date]

User input
Fixed asset warehouse
Initial cost $750,000
Date placed in service 04/20/91
Number of months owned in first year 8

End of year Annual depreciation Remaining value

1991 $33,333 $716,667
1992 50,000 666,667
1993 50,000 616,667
1994 50,000 566,667
1995 50,000 516,667
1996 50,000 466,667
1997 50,000 416,667
1998 50,000 366,667
1999 50,000 316,667
2000 50,000 266,667
2001 50,000 216,667
2002 50,000 166,667
2003 50,000 116,667
2004 50,000 66,667
2005 50,000 16,667
2006 16,667 0
TOTAL $750,000
[Company Name]
Depreciation schedule - main office building
[Date]

User input
Fixed asset main office building
Initial cost $1,250,000
Date placed in service 04/01/90
Number of months owned in first year 9

End of year Annual depreciation Remaining value

1990 $31,250 $1,218,750
1992 41,667 1,177,083
1993 41,667 1,135,417
1994 41,667 1,093,750
1995 41,667 1,052,083
1996 41,667 1,010,417
1997 41,667 968,750
1998 41,667 927,083
1999 41,667 885,417
2000 41,667 843,750
2001 41,667 802,083
2002 41,667 760,417
2003 41,667 718,750
2004 41,667 677,083
2005 41,667 635,417
2006 41,667 593,750
2007 41,667 552,083
2008 41,667 510,417
2009 41,667 468,750
2010 41,667 427,083
2011 41,667 385,417
2012 41,667 343,750
2013 41,667 302,083
2014 41,667 260,417
2015 41,667 218,750
2016 41,667 177,083
2017 41,667 135,417
2018 41,667 93,750
2019 41,667 52,083
2020 41,667 10,417
2021 10,417 0
TOTAL $1,250,000