Depreciation					2020	2021	2022	2023	2024
	ADDITIONS	Life	Cost
2020	Type 1	0.00	$0
2021	Type 1	0.00	$0
2022	Type 1	0.00	$0
2023	Type 1	0.00	$0
2024	Type 1	0.00	$0
					-	-	-	-	-

Can you please give an example of type 1 with 5 years of useful life above and how it relates to each year.

Instructions: This lead sheet has 5 different buckets of fixed assets. Simply put the useful life into column C and the Cost in column D for the year you plan to purchase the asset and it will depreciate the asset and link it over to the Income Statement, Balance Sheet, and Statement of Cash-Flows. So you could group Type 1 = all assets with a useful life of 5 years. Type 2 all assets with 10 year depreciable life. It uses straight line and zero residual