5 years Depreciation Analysis Cost Residual Value Useful Life Straight-Line Rate Straight-Line Depreciation Per Year Double-Declining Balance Rate Straight-Line Method Year $40,000 $3,500 Accumulated Double-Declining-Balance Method Accumulated Book Value at Book Value at End Depreciation for Depreciation at Year Beginning of Year Beginning of Year of Year Year 1 1 2 2345 3 4 5 Depreciation at Book Value at Book Value at End Depreciation for Beginning of Year Beginning of Year of Year Year