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Asset 2: Hobart Mixer Units Yearly Depreciation Monthly Depreciation Depreciation Expense 104 Asset Name: Equipment Year 1 5000 0.25 1250 104 Accumulated Depreciation 104 Cost
| Asset 2: | Hobart Mixer | Units | Yearly Depreciation | Monthly Depreciation | Depreciation Expense | 104 | |||||||||
| Asset Name: | Equipment | Year 1 | 5000 | 0.25 | 1250 | 104 | Accumulated Depreciation | 104 | |||||||
| Cost | 5,000 | Year 2 | 3500 | 0.25 | 875 | 73 | |||||||||
| Useful Life | 5 years | Year 3 | 7000 | 0.25 | 1750 | 146 | Final Balance Sheet Snippet | ||||||||
| Salvage Value | 0 | Year 4 | 3000 | 0.25 | 750 | 63 | Hobart Mixer | 5000 | |||||||
| Units: Hours | 20,000 | Year 5 | 2000 | 0.25 | 500 | 42 | adjust in final year | Accumulated Depreciation | -5000 | Rounded, adjusted in final month | |||||
| 20500 | 5125 | Net Book Value | 0 | ||||||||||||
| Factor: | 0.25 | ||||||||||||||
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